Taiwan’s electronic manufacturer, Pegatron Corporation will officially start operations in Batam, Riau Islands in April this year, following rental of a manufacturing plant in the designated economic zone. The general manager of Batam’s Batamindo Industrial Park, Mook Sooi Wah, confirmed the company would rent a two-hectare manufacturing plant in the park.
Pegatron, the maker of Apple’s iPhones, is planning to invest up to US$300 million in the long run with an initial investment of US$40 million, as confirmed by Batam Development Industrial Authority (BP Batam) chief Edy Putra Irawadi.
The US-China trade war has driven the company out of China into ASEAN countries, including Indonesia. Furthermore, the company announced a partnership contract with Batam-based listed electronics manufacturer PT Sat Nusapersada in December, for the purpose of assembling various electronic products to be exported in the US.
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