"Apple Explores Manufacturing Facility in Indonesia, Says CEO Tim Cook"

1 min read
Source: The Associated Press
"Apple Explores Manufacturing Facility in Indonesia, Says CEO Tim Cook"
Photo: The Associated Press
TL;DR Summary

Apple CEO Tim Cook expressed interest in potentially manufacturing in Indonesia during a meeting with President Joko Widodo, as the company seeks to diversify its supply chains away from China. Cook also announced plans to invest more in Vietnam and increase spending on suppliers in the Southeast Asian manufacturing hub. The move comes as Apple aims to find alternatives for manufacturing due to the slowing Chinese economy and ongoing efforts by the Chinese government to promote domestic brands. Indonesia's government has been working to attract manufacturing by leveraging its reserves of raw materials, and Cook's visit coincided with the announcement of Apple's fourth Apple Developer Academy in the country.

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