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 is said to be planning to invest nearly $10 million in its Indonesian manufacturing operations. The tech giant hopes this would lift the ban on the latest iPhone 16 model. The ban was imposed for not complying with the country's 40% domestic content requirement for smartphones and tablets.

Indonesia has blocked sales of Apple’s latest iPhone 16 handsets over what officials say is the company’s non-fulfillment of local investment requirements.

Apple has submitted its proposal to the Indonesian Ministry of Industry and awaits clearance on its device ban. A week ago, Apple found itself in a

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.

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 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.

Apple (AAPL) has proposed to invest about $10M to make additional goods in Indonesia, to have a ban on the sales of its new iPhone 16 models lifted.

Indonesia said it has banned sales of smartphones made by Alphabet's Google due to rules requiring the use of locally manufactured components, days after blocking sales of tech giant Apple's iPhone 16 for the same reason.

Indonesia’s iPhone ban is an example of the pressure Prabowo Subianto’s government is putting on multinationals to boost local manufacturing.