Apple Eyes Indonesia Fab as it Reduces China Reliance

Apple CEO Tim Cook has revealed that the US tech giant will “look at” setting up a manufacturing base in Indonesia as he met with Indonesian President Joko Widodo on Wednesday, the Associated Press reported.

Apple has been seeking to diversify its supply chains away from China, where most of its smartphones and tablets are assembled, the story went on, and Widodo’s administration has been striving to lure big tech manufacturing to the country to help power its economic growth.

The Cupertino, California, company has already begun 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.

Read the full story: Associated Press

By Sean O’Meara

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Tags: Apple

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.