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Apple CEO Tim Cook says looking into possibility of building manufacturing facility in Indonesia
Economic Times
·
1y ago
Medial
Apple CEO Tim Cook has expressed interest in the possibility of building a manufacturing facility in Indonesia. The announcement came after his meeting with President Joko Widodo, during which they discussed the country's desire to see increased manufacturing. Currently, Apple's manufacturing is largely based in Vietnam, with some suppliers in Indonesia. However, Apple has established four Apple Developer Academies in Indonesia, indicating their recognition of the country's tech-savvy population and potential as a key market for investment.
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Apple weighs manufacturing in Indonesia amid diversification drive
Livemint
·
1y ago
Medial
Apple CEO Tim Cook has stated that the company is considering manufacturing some of its products in Indonesia. Cook made the announcement after a meeting with Indonesian President Joko Widodo, where they discussed potential investment opportunities in the country. At present, Apple does not have a manufacturing base in Indonesia, and most of its assembly is done in China. However, the company has been looking to diversify its supply chain in recent years, including increasing production in India and boosting spending on suppliers in Vietnam. No specific details or timeline for investment in Indonesia were provided.
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Tim Cook says Apple’s ‘American-made advanced servers’ are shipping to its data centers.
The Verge
·
1m ago
Medial
Apple is shipping its American-made advanced servers from its Houston facility to data centers, as announced by CEO Tim Cook. These servers are part of Apple's $600 billion investment effort in the US and are designed to support Private Cloud Compute and Apple Intelligence.
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Apple Vision Pro to hit mainland China this year, state media says
Economic Times
·
1y ago
Medial
Apple CEO Tim Cook announced that the Apple Vision Pro headset will be released in mainland China this year. Cook shared this information during the China Development Forum in Beijing. The expansion to the Chinese market shows Apple's commitment to bringing their innovative products to a global audience.
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’I’ll do it until the voice in my head says…’ Tim Cook on stepping down as Apple CEO
Livemint
·
1y ago
Medial
Apple CEO Tim Cook plans to continue leading the company until he feels it's time to leave, according to an interview with Wired. Cook, who has been CEO since 2011, stated that he loves working at Apple and sees it as a privilege. However, after being with the company for almost 26 years, he admitted it would be hard to imagine life without Apple. During his tenure, Cook oversaw the launch of key products such as AirPods and Apple Watch. Prior to Apple, he held important leadership roles at companies like Compaq and IBM.
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Braving Trump, Apple's Tim Cook promises to boost China investment - The Economic Times
Economic Times
·
2m ago
Medial
Apple CEO Tim Cook has pledged to increase the company's investment in China despite ongoing US-China trade tensions. During a meeting with Chinese industry minister Li Lecheng, Cook asserted Apple's ongoing commitment to its Chinese suppliers and market. While maintaining US manufacturing commitments, Apple continues to depend on China for production and sales, achieving growth even amid geopolitical challenges. Apple aims to balance investments in both countries to sustain global business operations.
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China vice premier pushes for more Apple investment, cooperation
Economic Times
·
2y ago
Medial
During a surprise visit to Beijing, China's Vice Premier, Ding Duexiang, extended an invitation to Apple CEO Tim Cook to participate in the development of China's digital economy. Cook's visit comes as Apple faces increasing competition from Huawei in its third-largest market and as Beijing tightens security oversight. Cook expressed confidence in the Chinese market and a willingness to strengthen cooperation in high-end manufacturing and the digital economy.
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Apple’s Tim Cook meets with Trump as tariffs threaten iPhones
Economic Times
·
10m ago
Medial
Apple CEO Tim Cook is meeting with President Trump at the White House as Apple faces challenges from U.S. tariffs on Chinese goods and potential Chinese probes into its policies. The meeting aims to address the risk of Apple being caught in escalating trade tensions between the U.S. and China. Cook and Apple have historically maintained a strategic relationship with Trump, securing tariff exemptions, although future exemptions remain uncertain due to Trump's broader tariff strategies.
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Apple aims to tell an AI story without AI bills
Economic Times
·
1y ago
Medial
Apple CEO Tim Cook has assured investors that the company will soon have concrete plans for artificial intelligence (AI). Cook mentioned that Apple has made significant investments in generative AI and has spent $100 billion on research and development in the past five years. While Apple's tech rivals have spent comparable amounts on R&D and building data centers for AI services, Apple has taken a different approach. Cook hinted at new AI features being unveiled at the upcoming software conference and the integration of AI-ready chips into product lines. However, CFO Luca Maestri noted that Apple's capital expenditures strategy will remain the same, relying on data center capacity from third parties. It remains uncertain whether AI features alone will significantly boost device sales.
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Tim Cook says Apple hires people with these character traits
Business Insider
·
2y ago
Medial
Apple CEO Tim Cook discussed the qualities that Apple looks for when hiring. Cook emphasized the belief among Apple employees that "one plus one equals three," indicating the value placed on collaboration and the synergy created when combining different ideas. He also mentioned traits such as curiosity, creativity, and being a team player as desirable qualities, while emphasizing that a college degree or coding skills are not necessarily required for employment at Apple. The rigorous application process and Apple's emphasis on secrecy around upcoming products were also highlighted.
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Tim Cook says Apple is focused on appealing the Apple Watch ban, not settling with Masimo
Startup News FYI
·
1y ago
Medial
Apple CEO Tim Cook has stated that the company is not interested in licensing Masimo's technology and is focused on appealing the ban on Apple Watch Series 9 and Ultra 2. The blood oxygen feature has been disabled in the watches, but Cook believes there are still numerous reasons for customers to buy them. Masimo CEO Joe Kiani has expressed a willingness to settle, but Apple has not engaged in serious discussions. The watches can still be purchased from third-party retailers with the blood oxygen app and features intact.
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