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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U.S. President Donald Trump has wasted no time in his second term, making sweeping changes across domestic and foreign policy in just four weeks. His administration has aggressively reshaped federal agencies, redefined trade policy, frozen foreign aid, and taken bold steps in global diplomacy.
NASA is preparing to launch its groundbreaking SPHEREx space telescope on Friday aboard a SpaceX Falcon 9 from Vandenberg Space Force Base in California.
The Trump administration is planning to further tighten semiconductor export restrictions on China, Bloomberg News reported on Monday, as part of a broader effort to curtail Beijing's technological capabilities-a policy move that builds on measures first put in place under the Biden administration.
Taiwanese semiconductor company Vanguard International Semiconductor has cautioned that U.S. tariffs on imported chips could trigger inflation and hamper global economic growth, though the firm expects any direct impact on its business to be minimal.
Qatar is hosting the annual 2025 Web Summit, one of the world's largest conferences, aiming to become a bridge for sci-tech globalization.
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Alibaba announced on Tuesday that it will release an open-source version of its video and image-generating AI model, Wan 2.1, as part of its ongoing efforts to foster innovation and collaboration within the AI community.
Overall car registrations in Europe, the UK, and the European Free Trade Area (EFTA) fell by 2.1% in January, according to data from the European Automobile Manufacturers' Association (ACEA). While fully electric vehicle (EV) sales surged by 37.3%, the sharp decline in sales of petrol and diesel mod
Taiwanese semiconductor company Vanguard International Semiconductor has cautioned that U.S. tariffs on imported chips could trigger inflation and hamper global economic growth, though the firm expects any direct impact on its business to be minimal.
Elon Musk, appointed by President Donald Trump to lead the newly named Department of Government Efficiency and tasked with rooting out waste in federal agencies, renewed his threat to fire federal workers who fail to justify their jobs.
DISA Global Solutions, a major U.S.-based provider of employee screening services, has confirmed a data breach that compromised the personal information of more than 3.3 million individuals, according to filings with state attorneys general.
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