11 February 2014

iPhone manufacturer Foxconn plans to invest $ 1 billion in Indonesia

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Apple is cooperating in the production of its iPhones among other things, Foxconn. The Chinese shop operates several plants, including China and Brazil around the world. It was recently reported that Foxconn is also planning factories in the United States . But this does not appear to be the only expansion plans of the company. As was known, Foxconn will invest $ 1 billion in Indonesia to serve among others the local market.

Foxconn is one of Apple's greatest finishers, but not only for the manufacturer from Cupertino devices are manufactured, even Sony and Nokia Foxconn is active among others. Now the company has announced $ 1 billion in Indonesia to invest to cover different areas of business. Among other things, research and development, software design, Internet business and the manufacturing of products to be covered.

"We plan to come up with detailed investment plan for the Indonesian and Jakarta Authorities in three months," a Hon Hai official said.

The investment is made ​​in Jakarta because the province can boast a much better Innfrasturkur than other regions of the country. Detailed plans will be announced in the coming three months. The investment is expected to stretch over three to five years. ( via)

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