Indonesia blocks Apple iPhone 16 sales over lack of investment

Marketing and sale of model prohibited after tech giant fails to meet rule 40% of phones be made from local parts

Indonesia has prohibited the marketing and sale of the iPhone 16 model over Apple's failure to meet local investment regulations, according to its industry ministry.

South-east Asia's biggest economy has a young, tech-savvy population with more than 100 million people under the age of 30, but Apple still does not have an official store in the country, forcing those who want its products to buy from resale platforms.