Apple's iPhone 16 hits Indonesia stores after monthslong ban

Core Insights - The iPhone 16 models have officially launched in Indonesia after a months-long sales ban due to regulatory issues regarding local component requirements [2][5][7] - Apple has committed to investing $150 million in Indonesia, which includes building two facilities for accessory production and a semiconductor research and development center [6][7] - The entry of the iPhone 16 into the Indonesian market highlights the country's significance as a major market for Apple in Asia, alongside China [7] Regulatory Context - The Indonesian government had previously prohibited the sale of iPhone 16 models in October due to Apple's failure to meet the requirement that 40% of smartphone components be sourced locally [2][9] - A $100 million investment proposal from Apple was rejected by Jakarta in November, citing a lack of fairness [4] Market Reaction - Consumers in Indonesia expressed excitement over the availability of the iPhone 16, with many preferring to purchase locally to avoid warranty issues associated with international purchases [3][5] - The launch is seen as a positive development for Apple, indicating a successful negotiation with the Indonesian government [7]