JAKARTA — Indonesia said a US$100 million (S$134 million) investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday (Nov 25).

Indonesia in November banned sales of Apple's iPhone 16 after it failed to meet requirements that smartphones sold domestically should comprise at least 40 per cent locally-made parts.

Indonesia has also banned the sale of Alphabet's Google Pixel phones over a similar lack of use of local components.

Indonesian authorities last week said Apple had put forward the investment proposal to lift the sales ban.

Apple did not immediately respond to a request for comment.

"We have done an assessment and this (proposal) has not met principles of fairness," Industry Minister Agus Gumiwang Kartasasmita told a press conference, comparing the proposal to Apple's bigger investments in neighbouring Vietnam and Thailand.

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