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Apple CEO says looking into possibility of building manufacturing facility in Indonesia
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Apple CEO says looking into possibility of building manufacturing facility in Indonesia
Apr 16, 2024 9:11 PM

JAKARTA (Reuters) - Apple Inc ( AAPL ) will look into the possibility of building a manufacturing facility in Indonesia, its CEO said on Wednesday after meeting President Joko Widodo.

Apple ( AAPL ) CEO Tim Cook arrived in Jakarta on Tuesday, after visiting Vietnam. He met with Jokowi, as the president popularly known, and will be inaugurating an academy for Apple ( AAPL ) developers on the island of Bali.

"We talked about the president's desire to see manufacturing in the country, and it is something that we will look at," Cook told reporters after the meeting.

Apple ( AAPL ) has based much of its key manufacturing of iPads, AirPods and Apple Watches in Vietnam and suppliers for MacBooks are also investing in the country.

Apple ( AAPL ) has no manufacturing facilities in Indonesia but has established four Apple Developer Academies.

Indonesia has a huge tech-savvy population, making the Southeast Asian nation a key target market for tech-related investment.

(Reporting by Stefanno Sulaiman and Ananda Teresia; Editing by Kanupriya Kapoor)

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