EconomyLens.com
No Result
View All Result
Tuesday, October 14, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Tech

Apple CEO meets Indonesia leader to talk investments

Andrew Murphy by Andrew Murphy
April 17, 2024
in Tech
Reading Time: 5 mins read
A A
0
19
SHARES
236
VIEWS
Share on FacebookShare on Twitter

Apple CEO Tim Cook is visiting Indonesia. ©AFP

Jakarta (AFP) – Apple chief executive Tim Cook met Indonesia’s president on Wednesday, as the tech giant explores ways to invest in Southeast Asia’s biggest economy and diversify supply chains away from China.

Related

Google to invest $15 bn in India, build largest AI hub outside US

Mass-produced AI podcasts disrupt a fragile industry

Australian airline Qantas says millions of customers’ data leaked online

Austria finds Microsoft ‘illegally’ tracked students: privacy campaign group

UK opens door to tougher regulation of Google search

The visit comes as US President Joe Biden’s administration seeks to boost other Asian trade partners’ roles in the global tech supply chain to reduce American dependence on China.

Cook travelled to Indonesia’s presidential palace in Jakarta to meet Joko Widodo, the outgoing leader more popularly known as Jokowi, who has promoted a burgeoning tech sector.

“Indonesia is a very important market for us. We talked about the president’s desire to see manufacturing in the country, and it’s something that we will look at,” he told reporters.

“I think the investment ability in Indonesia is endless. We believe in the country,” he added.

“It was a dialogue about how much potential there is in the country and our commitment to the country.”

The iPhone-maker announced Tuesday it will expand its developer academies in Indonesia to four with a new facility on the Hindu resort island of Bali. Indonesia has a young, tech-savvy population with more than 100 million people under the age of 30, but Apple is dominated in the smartphone market by Google’s Android, according to statistics.

Cook later met president-elect and current defence minister Prabowo Subianto, who will take the reins from Jokowi in October after his election win in February.

The pair held talks that lasted more than an hour at the defence ministry in Jakarta, according to a ministry statement.

They “discussed various matters, especially regarding collaboration between Apple and the Indonesian government”, the statement said.

It said Cook had sent a letter to Prabowo last month in which he wrote: “Looking to the future, I am confident that we will be able to open up more successful cooperation between Indonesia and Apple”.

Minister of Communication and Informatics Budi Arie Setiadi last month said Cook’s visit could involve talks on new Apple investments in Indonesia, including a smartphone factory.

“There are all possibilities, we’ll see what the approach is, because there are a lot of Apple users in Indonesia,” he said, local media reported.

Apple did not respond to an AFP request for comment about Cook’s plans in Indonesia.

The company is yet to open an official store in Indonesia, forcing those who want its products to buy from resale platforms.

© 2024 AFP

Tags: AppleIndonesiatech industry
Share8Tweet5Share1Pin2Send
Previous Post

Stocks mixed after selloff as Fed, Middle East dampen sentiment

Next Post

ASML profits down amid China chip spat

Andrew Murphy

Andrew Murphy

Related Posts

Tech

EU wants key sectors to use made-in-Europe AI

October 9, 2025
Tech

OpenAI signs multi-billion dollar chip deal with AMD

October 6, 2025
Tech

China’s chip challenge: the race to match US tech

October 6, 2025
Tech

Competition heats up to challenge Nvidia’s AI chip dominance

October 5, 2025
Tech

AI in an ‘industrial bubble’ but will benefit society: Bezos

October 3, 2025
Tech

Cyberattack halts shipments from Japan’s biggest brewer

October 5, 2025
Next Post

ASML profits down amid China chip spat

Wine growers 'on tip of Africa' race to adapt to climate change

EU must act quickly to catch up to US, warns report author

The Dutch East India Company: A Catalyst for Global Trade

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Google to invest $15 bn in India, build largest AI hub outside US

October 14, 2025

Flights cancelled as Belgium hit by national strike

October 14, 2025

Trump tariffs on timber, furniture take effect

October 14, 2025

Asian stocks pare tariff-led losses, Tokyo hit by political turmoil

October 14, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.