Apple

Jakarta banned the sale of the firm's latest smartphone in October for failing to comply with rules requiring the use of locally made components.

The move could be part of the U.S. tech giant's strategy to lift a government-imposed sales ban on its latest model.

Middle powers with rapidly growing economies feel they have more bargaining power than they once did – and some are not afraid to use it.

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.

The investment, which has not yet been made official, would help Apple fulfill local content rules that have prevented it from selling its latest iPhone in the country.

The announcement comes not long after the government imposed similar restrictions on the sale of Apple's latest iPhone model.

The country's communications minister says that the app's "factory-to-consumer" model threatens to undermine millions of small businesses.

Satya Nadella has pledged to expand the infrastructure needed to support the firm's AI services in the fast-growing region.

Tim Cook said that the giant tech firm would "look at" options in Indonesia, as it continues to reduce its heavy reliance on Chinese supply chains.

Apple likes to brand itself as a climate hero, but one of its largest suppliers is a laggard on renewable energy – despite the many green options in China.

Cutting foreign partners out of the CHIPS for America Act would be catastrophic for the U.S. semiconductor ecosystem.

South Korea’s legislature passed a landmark law requiring Google and Apple to open up to other payment systems for app developers.