Apple has submitted a US$10 million investment plan to the Indonesian government in hopes of lifting the ban on the iPhone 16 to enable its immediate sale in the local market.

Following Indonesia's ban of the iPhone 16 because Apple has not invested enough in the country, the company has reportedly offered $10 million.

Apple Inc. has put forward a nearly $10 million investment proposal to expand its manufacturing presence in Indonesia, aiming to overturn a ban on sales of its latest iPhone.

Apple has enticed the Indonesian government with an investment proposal worth around $10 million, in its efforts to have a ban on its latest iPhone revoked.

Apple Inc. has proposed investing almost $10 million to make additional goods in Indonesia, according to people familiar with the matter, as it seeks to have the country’s ban on sales of its latest iPhone removed.

Indonesia bans sales of Google Pixel and Apple iPhone 16 over local content rules, mandating 40% domestic components in smartphones.

Tech giant Apple Inc will not be allowed to sell its iPhone 16 smartphones in Indonesia because they have not met the country's rules on the use of locally made components, the industry ministry said.

Apple has proposed investing almost US$10 million to make additional goods in Indonesia as it seeks to have the country’s ban on sales of its latest iPhone removed, reports the South China Morning Post.