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Foxconn to build $1B factory in Indonesia

20 Jul 2012

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Foxconn has planned to build a billion-dollar factory in Indonesia, stated Games Industry International. The Apple manufacturing partner said it was drawn to the country due to its high rate of economic growth.

Foxconn noted that the region is "sorely in need" of formal jobs, highlighting that its plant would create more than one million jobs with an average pay of $100 a month. "We are looking forward to establishing a new manufacturing plant in Indonesia, although nothing is finalized yet," a Foxconn representative said. "This will help us in manufacturing good quality products and make them available in the markets at lower prices. With this, Indonesians will also get better employment opportunities. We will continue our efforts in establishing more manufacturing plants across the globe."

Foxconn already operates several manufacturing plants in China and Brazil.

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