Indonesia blocks Apple iPhone 16 sales over lack of investment
Briefly

Indonesia's prohibition of the iPhone 16's marketing stems from Apple's failure to invest locally, highlighting significant barriers for foreign tech companies in emerging markets.
The requirement that 40% of the iPhone 16's components be sourced from local materials emphasizes Indonesia's strategy to bolster domestic production and investment.
Despite a market ripe with potential, Apple's hesitance to open an official store or fully comply with local investment mandates restricts its growth in Indonesia.
With only 9,000 units of the iPhone 16 legally entering the country, the legal restrictions demonstrate Indonesia's stringent measures towards foreign tech firms.
Read at www.theguardian.com
[
|
]