JAKARTA -- Apple has proposed investing $100 million in Indonesia in order to restart sales of its latest iPhone in the country, the Ministry of Industry announced on Wednesday.
Business deals
Apple to invest $100m in Indonesia, hoping to unlock iPhone 16 sales
Pushed by Jakarta, tech giant proposes sum 10 times larger than previous offer
Apple looks to invest $100 million in Indonesia so that the government will let the company sell its iPhone 16 series there. (Source photos by Reuters and Yuki Kohara)
Read Next
Latest on Business deals
