Air Freight News

Cook says Apple considers making gadgets in Indonesia in pivot from China

Apple Inc. is weighing the possibility of making some of its gadgets in Indonesia, as the iPhone maker explores production bases beyond its longtime stronghold of China.

Chief Executive Officer Tim Cook, responding to a request from Indonesia President Joko Widodo Wednesday, said Apple will look into the feasibility of local manufacturing. His comments came a day after the CEO made a similar pledge to Vietnam, already a growing source of Apple devices including AirPods.

“We talked about the president’s desire to see manufacturing in the country, and it’s something that we will look at,” Cook told reporters in Jakarta after meeting with Widodo and other government officials. “The investment ability in Indonesia is endless.”

Apple is diversifying its manufacturing beyond China to minimize geopolitical risks as tensions rise between the world’s two biggest superpowers. It’s already increased output in countries such as India and Vietnam, and production in Indonesia could help it better tap a relatively fast-growing Southeast Asian market with more than 650 million consumers.

The US tech company opened an Apple Developer Academy on the resort island of Bali during Cook’s visit — its fourth in Indonesia — as part of an effort to meet requirements for locally produced components and software in smartphones and other goods. Apple has invested 1.6 trillion rupiah ($98.5 million) in total on the four academies, according to Information and Communication Technology Minister Budi Arie Setiadi, who also attended the meeting.

President Jokowi — as he’s popularly known — is seeking to shift global manufacturing supply chains into Southeast Asia’s largest economy to boost growth. The government has secured investments from automakers Hyundai Motor Co. and BYD Co. Jokowi met Tesla Inc. CEO Elon Musk in 2022 and may meet Microsoft Corp. CEO Satya Nadella at the end of this month.

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/Mongolia_solar_park.jpg
China’s EV and solar exports are powering ahead as prices slide
View Article
Department of Commerce announces new actions to implement President Biden’s Executive Order on AI

Announcements include draft guidance documents, a draft plan for international standards, and a new measurement program opening for public comment

View Article
Argentina’s soybean crushers strike just as harvest gathers pace

Workers in Argentine soy-processing plants have gone on strike just as farmers are collecting the crop.

View Article
White House eyes Russian uranium import ban while House bill stalls

The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall, people familiar with…

View Article
https://www.ajot.com/images/uploads/article/Lithuanian_export_chart.jpg
New eight-person US group helps fight China economic ‘coercion’
View Article
Tepid exports recovery add to Vietnam, Thailand’s currency woes

An unexpectedly weak exports performance in Asia’s emerging economies risks adding pressure to their currencies already hammered by a strong dollar and the Federal Reserve’s hawkish pivot.

View Article