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

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.

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.

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.

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 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 had pledged to invest around $109 million in Indonesia, but it's about $15 million short. It also failed to ensure the iPhone 16 has at least 40% locally manufactured components.

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.

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.