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 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 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.

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.

Indonesia has blocked Apple from selling its latest devices in the country, including the iPhone 16 and Apple Watch Series 10.

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