Indonesia - Asia Tech Wire

Indonesia

2024.12.17

15:52

Indonesian official plans to meet with Musk to discuss building data centers for xAI

Indonesia plans to pitch business opportunities, including data centers, to U.S. billionaire entrepreneur Elon Musk, said Luhut Binsar Pandjaitan, chairman of Indonesia's National Economic Council, according to the Wall Street Journal.

2024.12.16

16:30

Indonesia to offer tax incentives to BYD, GAC Aion, Citroen

Indonesia will offer tax incentives to several electric vehicle makers, including BYD, GAC Aion and Citroen, which have committed to building plants in the country.

2024.11.05

04:12

Apple said to invest additional $10 million in Indonesia, seeks to lift iPhone 16 sales ban

Asia Tech Wire (Nov 5) -- Apple has proposed investing nearly $10 million to produce more products in Indonesia, seeking to lift the Indonesian government's ban on iPhone 16 sales, according to Bloomberg.

2024.11.01

08:01

Indonesia bans sale of Google Pixel phones after iPhone 16

Asia Tech Wire (Nov 1) -- Indonesia has banned the sale of Pixel phones, saying that Alphabet's Google has failed to meet the country's "local content" requirements for smartphones.

2024.10.28

06:18

Indonesia bans Apple's iPhone 16 sales

Asia Tech Wire (Oct 28) -- The Indonesian government has announced a ban on the sale of Apple's iPhone 16 series smartphones in the country.

2024.10.21

04:15

CATL strikes $1.2 billion deal to launch battery project in Indonesia

Asia Tech Wire (Oct 21) -- Indonesia has set up a battery joint venture with CATL, the world's largest power battery maker, in a move that will boost the country's role in the global battery supply chain, according to Bloomberg.

2024.08.07

07:58

BTR's battery materials JV plant inaugurated in Indonesia

Asia Tech Wire (Aug 7) -- Chinese company BTR New Material Group inaugurated a lithium battery anode materials factory it invested in Indonesia.

2024.07.31

10:04

Chinese cross-border payment platform PingPong obtains license in Indonesia

Asia Tech Wire (July 31) -- Chinese cross-border payment platform PingPong has recently obtained a PJP payment license issued by Indonesia's central bank.

2024.07.26

07:46

CATL supplier considers $200 million funding for Indonesian subsidiary

Asia Tech Wire (July 26) -- Jiangsu Lopal Tech Co. (603906.SH), a supplier to CATL, the world's biggest EV battery maker, is considering raising about $200 million for its Indonesian subsidiary, according to Bloomberg.

2024.07.23

09:07

Hyundai establishes EV charging alliance in Indonesia

Asia Tech Wire (July 23) -- Hyundai Motor Co. announced Monday that it has established the Hyundai Electric Vehicle (EV) Charging Alliance with six local private charging operators in Indonesia.

2024.07.19

07:53

Toyota among Japanese carmakers ramping up hybrid car launches in Indonesia

Asia Tech Wire (July 19) -- Toyota and its Japanese counterparts are trying to maintain their share in Indonesia by ramping up the launch of hybrid cars, according to Nikkei.

2024.07.03

08:05

Hyundai Motor, LG Energy Solution open Indonesia's first EV battery plant

Asia Tech Wire (July 3) -- Hyundai Motor Group announced Wednesday that it has opened its first battery plant for electric vehicles in Indonesia, jointly built with LG Energy Solution Ltd.

2024.06.25

08:07

BASF decides to withdraw from $2.6 billion Indonesian nickel-cobalt project

Asia Tech Wire (June 25) -- German chemical giant BASF has decided to withdraw from a $2.6 billion nickel and cobalt project in Indonesia.

2024.06.17

08:38

TikTok owner ByteDance's Indonesian e-commerce unit said to cut employees

Asia Tech Wire (June 17) -- TikTok parent ByteDance Ltd. will lay off employees at its Indonesian e-commerce unit to cut costs, according to the Wall Street Journal.

2024.06.03

03:18

Neta Auto's Indonesia plant begins mass production

Asia Tech Wire (June 3) -- Chinese electric car maker Hozon Auto, commonly known as Neta Auto, has started mass production at its Indonesian plant.

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