Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 26 April 2013 09:35

Hon Hai heads to Indonesia

Written by Nick Farrell



Cutting dependence on Apple drug

Hon Hai is desperate to escape the clutches of Apple after the toymaker’s success has become stunted.

According to Reuters the company is hoping to sign an agreement with Indonesia next month to make and sell handsets in the Southeast Asian country's huge domestic market. At the moment he company makes about 60 to 70 percent of its revenue assembling iPhones and iPads and other work for Apple.

Hon Hai is chatting to a few Indonesian phone companies and they will decide the form of investment and sign partnership agreements after a memorandum of understanding with the government is secured, Reuters reported. Apparently Hon Hai has no plan to export phones from Indonesia and will not make Apple products there, Hsing said.

It is the first time that the company has decided to invest in Indonesia. It would only manufacture phones for local brands and sell them in Indonesia. Hon Hai did not say how much it would invest. But government officials think that it will be about $5 billion and $10 billion. Hon Hai planned to build a plant in an industrial zone near Jakarta to assemble three million handsets a year.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments