Apple set to sell iPhone 16 in Indonesia following agreement
Investing.com -- Apple (NASDAQ: AAPL ) is expected to soon start selling its iPhone 16 models in Indonesia, according to the nation's industry minister. The announcement follows a series of agreements that include the establishment of an Apple manufacturing plant and a research and development center in the country.
The agreements mark the end of a lengthy negotiation process between Apple and the Indonesian government. Last year, Indonesia had halted the sales of the iPhone 16 due to Apple's inability to meet the country's requirements for locally produced components.
Industry Minister Agus Gumiwang Kartasasmita described the negotiations with Apple as complex and lengthy. However, he confirmed that the company is now in the process of securing a local content certificate, which is a prerequisite to sell its handsets in the country. The certificate is a testament to Apple's commitment to meeting the local component requirements set by the Indonesian government.
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