Apple (AAPL, Financial) has cleared a major hurdle in Indonesia, securing local content certificates for 20 products, including the iPhone 16. But before the devices hit shelves, the company still needs a few more approvals, Reuters reported, citing an industry ministry spokesperson.
The certificates cover 11 phone models and nine tablets, granted after Apple met local content requirements, said ministry spokesperson Febri Hendri Antoni Arief. However, the company now needs the green light from Indonesia's communications and trade ministries before it can officially start selling. This comes after months of back-and-forth between Apple and Indonesia.
Last year, the country blocked iPhone 16 sales, saying Apple hadn't met local investment rules. The tech giant initially proposed a $100 million investment, later increasing it to $1 billion in December. Now, with a $300 million commitment in place—including manufacturing and R&D plans—it looks like Apple is finally close to sealing the deal.
