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Indonesia, Apple Agree Terms For Lifting iPhone Sales Ban: Report

The Diplomat LogoThe Diplomat7h ago

Indonesia, Apple Agree Terms For Lifting iPhone Sales Ban: Report - The Diplomat

Quick Summary:

Jakarta banned the sale of the firm's latest smartphone in October for failing to comply with rules requiring the use of locally made components.

While Apple made up just 7.3 percent of smartphone sales in Indonesia in January, well behind South Korea’s Samsung and China’s Oppo, Xiaomi, and Vivo brands, it stands to benefit a lot from regaining access to the massive Indonesian market.

According to a report published yesterday by Bloomberg, which quoted “people familiar with the matter,” Indonesia’s Ministry for Industry “is set to sign a memorandum of agreement with Apple as soon as this week.” The report added that the ministry “intends to issue a permit allowing iPhone 16 sales as soon as possible.

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Article Details

Author / Journalist: Sebastian Strangio

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 12:17:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 1556 words

Reading Time: 9 minutes read

Sentences: 48 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 26453265

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About The Diplomat

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Main Topics: Economy

Official Website: thediplomat.com

Update Frequency: 2 posts per day

Year Established: 2001

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #70

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  • URL: https://chronographically.beamstart.com/news/indonesia-apple-agree-terms-for-17405539451607

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