APPLE CEO SAYS COMPANY WILL 'LOOK AT' MANUFACTURING IN INDONESIA
Techlife News|April 20, 2024
Apple CEO Tim Cook said the company will "look at" manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday.
APPLE CEO SAYS COMPANY WILL 'LOOK AT' MANUFACTURING IN INDONESIA

“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 after the meeting.

Widodo's administration has worked for years to bring manufacturing to the country to power economic development, while Apple is seeking to diversify its supply chains away from China, where most of its smartphones and tablets are assembled.

The company began moving some production to countries like Vietnam, and more recently India, after shutdowns to fight COVID-19 in China repeatedly disrupted the company's shipments.

“I think the investment ability in Indonesia is endless. I think that, there is a lot of great places to invest, and we're investing. We believe in the country," Cook said.

The previous day, Cook met Vietnamese Prime Minister Pham Minh Chinh in Hanoi, where he said Apple plans to invest more in Vietnam and increase spending on suppliers in the Southeast Asian manufacturing hub.

"Given the slowing Chinese economy as well as the Chinese government's ongoing efforts to squeeze out foreign companies and replace them with domestic brands, Apple wants alternatives for manufacturing,” said Chris Miller, an associate professor at Tufts University whose work focuses on technology and geopolitics.

"It has already invested more in India and Vietnam, but it is likely looking at other partners in South East Asia to additional manufacturing and assembly operations," Miller said.

Cook's visit to Indonesia came after Apple announced its fourth Apple Developer Academy in the country, to be located in Bali. The company first launched the program to train app developers in Indonesia in 2018, in the capital Jakarta.

This story is from the April 20, 2024 edition of Techlife News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the April 20, 2024 edition of Techlife News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM TECHLIFE NEWSView All
JUDGE PUTS $30 BILLION VISA MASTERCARD SETTLEMENT ON HOLD, IN SIGNAL OF LIKELY REJECTION
Techlife News

JUDGE PUTS $30 BILLION VISA MASTERCARD SETTLEMENT ON HOLD, IN SIGNAL OF LIKELY REJECTION

A federal judge said she’s not likely to approve the $30 billion settlement between the payment processing giants Visa and Mastercard and the merchants who say they’ve overpaid on swipe fees.

time-read
1 min  |
June 29, 2024
THE SUPREME COURT RULES FOR BIDEN ADMINISTRATION IN A SOCIAL MEDIA DISPUTE WITH CONSERVATIVE STATES
Techlife News

THE SUPREME COURT RULES FOR BIDEN ADMINISTRATION IN A SOCIAL MEDIA DISPUTE WITH CONSERVATIVE STATES

The Supreme Court this week sided with the Biden administration in a dispute with Republican-led states over how far the federal government can go to combat controversial social media posts on topics including COVID-19 and election security.

time-read
2 mins  |
June 29, 2024
PEACE (AND PIECES) OF MIND 'INSIDE OUT 2'
Techlife News

PEACE (AND PIECES) OF MIND 'INSIDE OUT 2'

Sequels have been a touchy subject when it comes to Pixar, but it’s hard to deny the natural premise of “Inside Out 2.”

time-read
4 mins  |
June 29, 2024
STILL NEED YOUR LANDLINE? CALIFORNIA REGULATORS JUST STOPPED AT&T FROM PULLING THE PLUG
Techlife News

STILL NEED YOUR LANDLINE? CALIFORNIA REGULATORS JUST STOPPED AT&T FROM PULLING THE PLUG

California’s Public Utilities Commission rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

time-read
2 mins  |
June 29, 2024
GM BRINGS IN NEW CEO TO STEER TROUBLED CRUISE ROBOTAXI SERVICE WHILE WAYMO RAMPS UP IN SAN FRANCISCO
Techlife News

GM BRINGS IN NEW CEO TO STEER TROUBLED CRUISE ROBOTAXI SERVICE WHILE WAYMO RAMPS UP IN SAN FRANCISCO

General Motors this week named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California license.

time-read
2 mins  |
June 29, 2024
SOUTHWEST AIRLINES SAYS A KEY MEASURE OF PRICING POWER WILL BE WEAKER THAN EXPECTED IN 20
Techlife News

SOUTHWEST AIRLINES SAYS A KEY MEASURE OF PRICING POWER WILL BE WEAKER THAN EXPECTED IN 20

Southwest Airlines, already under pressure from a hedge fund for disappointing financial results, said Wednesday that a key revenue ratio will be weaker than expected because of changes in how consumers book travel.

time-read
1 min  |
June 29, 2024
WHERE TECH, POLITICS & GIVING MEET: CEO NICOLE TAYLOR CONSIDERS SILICON VALLEY'S BUSY INTERSECTION
Techlife News

WHERE TECH, POLITICS & GIVING MEET: CEO NICOLE TAYLOR CONSIDERS SILICON VALLEY'S BUSY INTERSECTION

Nicole Taylor has an insider’s view of philanthropic trends from her seat as the president and CEO of the Silicon Valley Community Foundation.

time-read
4 mins  |
June 29, 2024
UN LAUNCHES GLOBAL PRINCIPLES TO COMBAT ONLINE HATE AND DEMANDS BIG TECH TAKE ACTION NOW
Techlife News

UN LAUNCHES GLOBAL PRINCIPLES TO COMBAT ONLINE HATE AND DEMANDS BIG TECH TAKE ACTION NOW

The United Nations chief this week launched global principles to combat online hate and lies and demanded that big tech companies use their power to reduce the harm they are doing to people and societies around the world.

time-read
2 mins  |
June 29, 2024
FACIAL RECOGNITION STARTUP CLEARVIEW AI SETTLES PRIVACY SUIT
Techlife News

FACIAL RECOGNITION STARTUP CLEARVIEW AI SETTLES PRIVACY SUIT

Facial recognition startup Clearview AI reached a settlement in an Illinois lawsuit alleging its massive photographic collection of faces violated the subjects’ privacy rights, a deal that attorneys estimate could be worth more than $50 million.

time-read
2 mins  |
June 29, 2024
HOW NVIDIA BECAME AN AI GIANT
Techlife News

HOW NVIDIA BECAME AN AI GIANT

It all started at a Denny’s in San Jose in 1993.

time-read
3 mins  |
June 29, 2024