The Apple Inc. executive leading talks with Indonesia to lift the country’s sales ban on the iPhone 16 departed Jakarta on Wednesday, after a late stage about-face from a minister scuttled a deal, according to people familiar with the matter.

Apple’s iPhone 16 remains banned in Indonesia despite the tech giant’s offer to invest $1 billion in the country, that includes an AirTag factory.Indonesia Industry Minister Agus

Indonesia kept a ban on the sale of Apple Inc.’s iPhone 16s, saying its $1 billion plan that includes building an AirTag factory is insufficient to meet local investment requirements.Domestic content rules require Apple to produce part of its smartphones or components onshore,

Apple's iPhone 16 won't hit shelves in Indonesia anytime soon. As Reuters reports, Indonesia's Ministry of Industry has upheld its ban on the iPhone 16 because Apple has yet to meet its domestic content rules.

The Indonesian government says it will not lift its ban on sales of the iPhone 16 despite Apple committing to $1 billion in manufacturing within the country.

Indonesia on Wednesday upheld a ban on iPhone 16 sales despite Apple's $1 billion pledge to invest in the country after a negotiation deadlock, citing the company's failure to meet domestic market requirements.

Jakarta seems determined to use the leverage it enjoys as the world’s fourth-largest smartphone market to extract maximum benefits from the U.S. tech giant.

Apple is in negotiations with an increasingly demanding Indonesia to get its iPhone 16 ban lifted, while Huawei plans to shortly launch its smartphone in the country.

Minister says proposed AirTag factory would not help US tech giant meet local content rules on smartphone sales

Indonesia's industry minister met representatives of Apple on Tuesday to discuss the company's potential investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 locally,