The Indonesia technology snapshot for October 2024 touched on the country’s successes, and challenges, including: Indonesia’s moves to limit China’s Temu, in presence and impacts; a large-scale Indonesia-China joint venture on electric vehicles batteries; Indonesia’s issues with Apple; and more, each linked below.
Indonesia market reference:
- Indonesian population (2023): 277.5 million
- Indonesian online population: 215.6M / 78.8%
- Indonesia’s median age: 31.5 years
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Indosat: Empowering Indonesia 2024 – Growth beyond metropolitan (pdf)
- Indonesia: Government has effectively banned sale, and use, of iPhone 16 and Apple Watch 10 devices, citing Apple failure to meet in-country investment requirements / full item
- Indonesia: Government orders Apple and Google to remove Temu e-commerce app from app stores, alongside plans for similar block on Shein, citing MSME protections / full item
- Indonesia’s gov’t-owned Battery Corp and China’s CATL battery-tech giant enter $1.2BN battery production JV, adding to Indonesia’s recent Hyundai and LG deals / full item
- Event: ‘Unlocking Cross-border Opportunities for Women Digital Entrepreneurs in South-East Asia’ is set to run in Jakarta, October 23rd – agenda & reg details below (pdf) / full item
- “Indonesia and Vietnam are currently leading the manufacturing and trade flow shifts… In 2023, Indonesia received about $33BN in greenfield manufacturing FDI and Vietnam about $16BN…” / full item
- Indonesia: Broom auto-focused firm has secured $25M with digitization of Indonesia’s auto dealerships and used cars sector / full item
- “Central & Southern Asia and Oceania is the 3rd-largest crypto region… accounting for more than $750.0 billion in crypto asset inflows between July 2023 and June 2024…” / full item
- Singapore’s Princeton Digital Group data centre firm acquires powered land for 500MW capacity expansion, adding new facilities in India, Malaysia and Indonesia / full item
The Politics of Subsea Cables in Indonesia
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