Sharp, LG move factories from Thailand and Vietnam to Indonesia

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Sharp Electronics Indonesia headquarter in Karawang International Industrial City

Electronics companies Sharp from Japan and LG from South Korea will be relocating their factories from Thailand and Vietnam, respectively, to Indonesia as part of their investment consolidation plans in Southeast Asia, according to Indonesia’s industry minister Airlangga Hartanto.

He said the relocations would further strengthen both companies’ operations in Indonesia, where they already operate production facilities for a number of electronics products.

A Sharp spokesperson said on June 17 that the factory relocation was part of plans to strengthen the company’s Indonesian operations. Sharp would relocate its washing machine facility from Thailand to its Indonesian production base in Karawang International Industrial City east of Jakarta, said Janu Suryanto, director for electronics and telematics at the industry ministry.

“So there will be a production line addition. It will also be for the export market. Later on, it will employ hundreds of workers.” Janu said according to The Jakarta Post.

Meanwhile, LG will relocate its air-conditioning factory from Vietnam to its production facility in Legok, Tangerang on the western outskirts of Jakarta.

“They will soon start production and will sell about 25,000 units annually starting from September this year,” Janu said.



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Sharp Electronics Indonesia headquarter in Karawang International Industrial City Electronics companies Sharp from Japan and LG from South Korea will be relocating their factories from Thailand and Vietnam, respectively, to Indonesia as part of their investment consolidation plans in Southeast Asia, according to Indonesia’s industry minister Airlangga Hartanto. He said the relocations would further strengthen both companies' operations in Indonesia, where they already operate production facilities for a number of electronics products. A Sharp spokesperson said on June 17 that the factory relocation was part of plans to strengthen the company's Indonesian operations. Sharp would relocate its washing machine facility...

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Sharp Electronics Indonesia headquarter in Karawang International Industrial City

Electronics companies Sharp from Japan and LG from South Korea will be relocating their factories from Thailand and Vietnam, respectively, to Indonesia as part of their investment consolidation plans in Southeast Asia, according to Indonesia’s industry minister Airlangga Hartanto.

He said the relocations would further strengthen both companies’ operations in Indonesia, where they already operate production facilities for a number of electronics products.

A Sharp spokesperson said on June 17 that the factory relocation was part of plans to strengthen the company’s Indonesian operations. Sharp would relocate its washing machine facility from Thailand to its Indonesian production base in Karawang International Industrial City east of Jakarta, said Janu Suryanto, director for electronics and telematics at the industry ministry.

“So there will be a production line addition. It will also be for the export market. Later on, it will employ hundreds of workers.” Janu said according to The Jakarta Post.

Meanwhile, LG will relocate its air-conditioning factory from Vietnam to its production facility in Legok, Tangerang on the western outskirts of Jakarta.

“They will soon start production and will sell about 25,000 units annually starting from September this year,” Janu said.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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