Indonesian Political, Business & Finance News

Archive: 27 August 2024

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Indonesia Seeks to Reduce Dependence on Chinese Technology as It Expands Semiconductor Industry

Indonesia is pursuing a strategic initiative to become a major global semiconductor manufacturer, with government support through national projects and ecosystem development in Batam to enhance human resources and localise production. The initiative aims to reduce reliance on Chinese technology amid global trade tensions and position Indonesia as an alternative manufacturing hub for Western markets. Success in this sector would provide Indonesia with economic growth, increased foreign investment