Apple CEO says company is 'looking at' manufacturing in Indonesia

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Joko Widodo News

JAKARTA,Indonesia,Apple

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...

JAKARTA, Indonesia — Apple CEO Tim Cook said the company is “looking at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday.

“It has already invested more in India and Vietnam, but it is likely looking at other partners in South East Asia to additional manufacturing and assembly operations,” Miller said. Associated Press writers Victoria Milko in Jakarta and Zen Soo in Hong Kong contributed to this report.Trump Media & Technology Group shares have declined by over 30% in the past week, its valuation also falling by $3 billion. The stock continued to tumble lower in Tuesday's trading session, closing the day 14% lower.

 

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