The pact is set to end a five-month tussle that started in October 2024 after Indonesia refused to issue a sale permit to Apple, citing its failure to comply with domestic manufacturing requirements for smartphones and tablets.
Apple has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in Southeast Asia’s largest nation.
The agreement was announced by Minister for Industry Agus Gumiwang Kartasasmita in a media briefing in Jakarta on Wednesday, as reported by Bloomberg Technoz. Bloomberg News reported earlier the parties were poised to reach a deal.
