Foxconn may spend $10 billion on factories: Minister
The Jakarta Post
Foxconn Technology Group, subsidiary of Taiwan based Hon Hai Precision Industry Ltd., may spend between US$8 billion and $10 billion over the next five years to set up manufacturing centers in Indonesia, says Industry Minister M.S. Hidayat.
Foxconn is the world’s biggest electronics manufacturer with major clients such as Apple Inc., Dell Inc. and Microsoft Corporation. According to the N...