In a significant development for the tech industry, Indonesia and Apple have reportedly reached an agreement to lift the country's ban on the iPhone 16. According to Bloomberg News, which cited people familiar with the matter, the deal could be signed as early as this week.
Indonesia had imposed the ban in October after Apple failed to meet domestic manufacturing requirements mandating that at least 35% of smartphone parts sold locally be produced in Indonesia. In response to the ban, Indonesia's investment minister revealed that Apple plans to invest $1 billion in a manufacturing plant to produce components for smartphones and other products, a move aimed at boosting local production.
Under the new terms, Apple is expected to further commit to training local talent in research and development through additional programs beyond its existing Apple academies. However, the tech giant has indicated that it has no immediate plans to start assembling iPhones in the country.
Both Apple and Indonesia's Ministry for Industry, which enforces the ban, have yet to respond to requests for comment from Reuters and Bloomberg.
The agreement marks a potential easing of tensions between the U.S. tech giant and the Indonesian government, signaling a shift toward greater local integration in Apple’s supply chain while ensuring continued market access for its flagship products in Indonesia.
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UN Secretary-General António Guterres delivered a stark warning at this year's COP31 summit, saying the climate crisis iss advancing faster than governments' efforts to contain it.
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Here's your AnewZ Daily Brief for 11 November. Today, we cover Russia-Ukraine peace talks, political tensions in Washington, strikes in Spain, espionage allegations involving Nvidia's CEO, and climate negotiations at COP31 in Türkiye.
U.S. envoy Jared Kushner said Washington believes the Russian President is prepared to reach a peace agreement under the right conditions, as U.S., Russian and Ukrainian delegations began trilateral talks in Abu Dhabi on Tuesday 10 November.
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Environmental organisations worldwide are increasingly using artificial intelligence to monitor wildfires, protect endangered species and analyse climate data, even as the technology's rising energy and water consumption raises concerns about its environmental impact.
U.S. President Donald Trump said on Friday he would support states seeking to generate wealth through artificial intelligence, pledging to work with them as Democrats outlined plans to address the technology following Tuesday’s elections, which unsettled markets.
Dubai will host GITEX Global 2026 from 7 to 11 December, bringing together global technology leaders, governments and investors as surging demand for artificial intelligence (AI) puts pressure on energy supplies, computing capacity and digital infrastructure.
Saudi Aramco's acquisition of a 49 per cent stake in artificial intelligence (AI) company HUMAIN is putting a spotlight on a wider investment question: why are some of the world's biggest energy companies moving deeper into AI, and what do they expect to gain?
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