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.
Indonesia will officially become a member of the New Development Bank (NDB), a multilateral financial institution established by BRICS nations, President Prabowo Subianto announced on Tuesday.
A 5.6 magnitude earthquake struck Sulawesi, Indonesia, on Friday, sending tremors across the region. Local authorities are now assessing potential damage and preparing for possible aftershocks.
Torrential rain that began on Monday has led to widespread flooding in and around Indonesia's capital, forcing thousands of residents to evacuate their homes.
Indonesia is set to become the Muslim Fashion center, targeting five Middle Eastern countries—Iran, Turkey, Saudi Arabia, Pakistan, and Egypt—as potential markets for exporting apparel and footwear.
Protesters and police clashed in Nepal leaving two dead and 17 injured as demonstrators rallied to demand the return of the constitutional monarchy.
U.S. Vice President JD Vance criticized Denmark’s handling of Greenland’s security during a visit to the U.S. base at Pituffik.
U.S. Vice President JD Vance visited Greenland’s Pituffik military base amid renewed calls from President Trump for U.S. control of the island. The trip sparked protests, with Greenland’s leader calling it a "lack of respect." Trump insists Greenland is vital for U.S. security and global stability.
Royal Australian Air Force (RAAF) pilots, monitoring a Chinese navy warship as it navigated Australian waters, were alerted to a live-fire exercise via a civilian radio broadcast, defense officials revealed on Tuesday.
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
As the world shifts toward clean energy at an ever-accelerating pace, large economies are scrambling to secure reliable supply chains for rare earth minerals. These minerals, once seen as mere industrial components, have become a political tool in the global power struggle
A devastating overnight drone attack on Kyiv, attributed to Russian forces, resulted in the deaths of three people, including a five-year-old child, and left ten others injured.
The Trump administration is importing eggs from Türkiye and South Korea to address shortages and record-high prices caused by a severe bird flu outbreak.
The model aims to enhance Alibaba’s presence in the generative AI sector and is available as open-source.
OpenAI has asked the US government to permit AI companies to use copyrighted material for training to maintain America's leadership in AI development, as part of a proposal aligned with President Trump's upcoming "AI Action Plan."
Kim Jong Un watched tests of new AI drones and wants to increase the production
South Korean chipmaker SK Hynix said Thursday that some customers have accelerated orders in anticipation of potential U.S. tariffs on semiconductors, contributing to improved market conditions. However, the company cautioned that it remains unclear whether this trend will persist.
Despite its dominance in industrial robotics, China faces challenges in the race for humanoid robots due to its reliance on foreign technology and U.S. trade restrictions.
Protesters and police clashed in Nepal leaving two dead and 17 injured as demonstrators rallied to demand the return of the constitutional monarchy.
U.S. Vice President JD Vance criticized Denmark’s handling of Greenland’s security during a visit to the U.S. base at Pituffik.
U.S. Vice President JD Vance visited Greenland’s Pituffik military base amid renewed calls from President Trump for U.S. control of the island. The trip sparked protests, with Greenland’s leader calling it a "lack of respect." Trump insists Greenland is vital for U.S. security and global stability.
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