KONTAN.CO.ID - JAKARTA. Japanese and Korean electronics companies Sharp Corp. and LG plan to relocate their factories from Thailand and Vietnam, respectively, to Indonesia as part of their investment consolidation plans in Southeast Asia. Industry Minister Airlangga Hartanto said the relocations would further strengthen their operations in Indonesia, where they have built their respective production bases for a number of electronics products. “We are monitoring the process. Discussions have been going on for quite some time,” Airlangga said at a post-Idul Fitri gathering at his office in Jakarta last week.
Sharp, LG to relocate factories to Indonesia
KONTAN.CO.ID - JAKARTA. Japanese and Korean electronics companies Sharp Corp. and LG plan to relocate their factories from Thailand and Vietnam, respectively, to Indonesia as part of their investment consolidation plans in Southeast Asia. Industry Minister Airlangga Hartanto said the relocations would further strengthen their operations in Indonesia, where they have built their respective production bases for a number of electronics products. “We are monitoring the process. Discussions have been going on for quite some time,” Airlangga said at a post-Idul Fitri gathering at his office in Jakarta last week.