Apple offers Indonesia an investment of $100 million to lift the sales ban on the iPhone 16.

Bloomberg News reported—citing some of its sources familiar with the matter—that the American technology company Apple has offered Indonesia to significantly increase its investments in the Southeast Asian nation, from $10 million to $100 million over the course of two years.

This move by Apple comes at a time when the American tech giant is trying to convince the Indonesian government to lift a ban imposed by its authorities on the sales of its latest iPhone 16 series.

Indonesia imposed the initial ban last month after Apple failed to meet a previous commitment to invest 1.71 trillion Indonesian rupiah (equivalent to about $107 million) in local research and development facilities.

In an effort to resolve the issue, Apple announced plans at that time to invest $10 million in a factory for producing accessories and components in Bandung, east of Jakarta; however, this proposal did not meet Indonesian expectations, prompting Apple to revise its offer.

Apple’s new investment offer of $100 million, although close to the amount initially pledged and not fulfilled by Apple, underscores the efforts of the American technology company to regain access to the largest economy in Southeast Asia.

The investment is expected to be distributed over two years, and according to Bloomberg's report, Apple’s proposed plan may include encouraging its regional manufacturing partner Foxconn to establish assembly lines in Indonesia or expand other local operations.