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Apple iPhone 16 sales banned in Indonesia over local investment issue

  • Indonesia has banned the sale of Apple iPhone 16 models due to the company's failure to meet local investment requirements.
  • Apple's local subsidiary, PT Apple Indonesia, has not fulfilled its investment commitment.
  • Companies in Indonesia must meet set requirements for using goods or services sourced from within the country.
  • The ban applies to sales of iPhone 16 units within the country.

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