Apple Reaches Pact With Indonesia to End iPhone Sales Ban (2)

Apple Inc. has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in Southeast Asia’s largest nation.

The agreement was announced by Minister for Industry Agus Gumiwang Kartasasmita in a media briefing in Jakarta on Wednesday, as reported by Bloomberg Technoz. The ministry will begin a process to issue Apple with a permit allowing it to sell its latest smartphone, news outlet Kompas reported. Bloomberg News reportedearlier the parties were poised to reach a deal.

The company is “excited to expand investments across Indonesia and can’t wait ...