Loading...
Market
What will be the outcome of Apple's negotiations with Indonesia on iPhone 16 by March 2025?
2
Resolution / Starting Odds
Approved for sale • 25%
Approval denied • 25%
Approval with conditions • 25%
No resolution • 25%
Official announcements from Apple or the Indonesian government
Story
Indonesia Bans Sale of Apple iPhone 16 Over $109M Investment, 40% Local Content Issues
Oct 28, 2024, 07:02 AM
Indonesia has banned the sale and purchase of Apple's latest iPhone 16 models, citing the company's failure to meet domestic investment and local content requirements. The Southeast Asian nation, which has a local content rule stipulating that at least 40% of smartphone components must be sourced locally, has blocked Apple from selling the iPhone 16 due to unfulfilled investment commitments. The investment commitment in question is approximately $109 million, which Apple has only partially fulfilled. This move is part of Indonesia's broader strategy to encourage foreign companies to invest more onshore.
View original story
Similar markets
Ban lifted with increased investment • 25%
Ban lifted without increased investment • 25%
Ban remains in place • 25%
Other outcome • 25%
Yes • 50%
No • 50%
Ban lifted, market share increased • 25%
Ban lifted, market share unchanged • 25%
Ban not lifted, market share increased • 25%
Ban not lifted, market share unchanged • 25%
Lift ban through negotiation • 25%
Increase local content • 25%
Increase investment • 25%
No resolution • 25%