Tech giant Apple is considering moving its production to Indonesia. This is reported by CNBC, citing statements by Apple CEO Tim Cook.
The Apple-Boss spoke about the wishes of Indonesian President Joko Widodo, who called on Apple to expand its production capacity in the country. “We talked about the president's desire to move production to his country. “That's something we'll see,” Cook said, according to CNBC.
Apple is under political pressure due to its close contacts with China
The possible move of production to Indonesia comes at a time when Apple is moving its production chain out of China. Cook emphasized the limitless investment opportunities in Indonesia and reiterated that Apple is becoming active in the country.
Over the past three years, Apple has reduced its manufacturing base in China. A major reason was the Covid-19 pandemic, which highlighted the company's dependence on the Middle Kingdom.
Apple produces all over the world
Apple had global sales of $383 billion (around €358 billion) in 2023. Profit before taxes was $97 billion.
Apple also achieves these enormous benefits thanks to its special business model. The group advertises its products with the slogan “designed in California” (i.e. “developed in California”, the group's headquarters).
However, Apple has iPhones, iPads, watches, and computers (“Macs”) manufactured by contractors in other countries. The production focus is (still) China, where Apple works closely with Foxconn Technology. works together. Other production plants are located in countries such as India, Brazil, Vietnam and Ireland.
Apple is under pressure from numerous American politicians who demand that the company break its dependence on China. That's why Apple boss Tim Cook is talking to Indonesia.