JAKARTA, Indonesia (AP) — Apple CEO Tim Cook said the company is “looking at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday.
“We talked about the president’s desire to see manufacturing in the country, and it’s something that we will look out,” 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.
Comicomment: U.S. 'spying' China
China to relax foreign investment rules amid further opening up
Rays opening day starter Zach Eflin placed on 15
Aswan Forum kicks off in Egypt with focus on multidimensional crises in Africa
Pentagon chief orders U.S. airlines to assist Afghan evacuation
To work for a healthier and brighter future for humanity
Arrest Lord Mountbatten's self
Roundup: Monkeypox cases rising in EU, authorities urge countries to take measures