Saturday, July 21, 2012

Foxconn plans $1 billion factory in Indonesia to churn out more Apple gear

Foxconn plans $1 billion factory in Indonesia to churn out more Apple gear

. Apple (AAPL) manufacturing partner Foxconn (2354) is planning a billion-dollar factory located in Indonesia, Games Industry International reported on Wednesday. The company said it was drawn to the country over Malaysia and Vietnam due to its high rate of economic growth. Foxconn also 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 establish a new manufacturing plant in Indonesia, although nothing is finalised yet,” a Foxconn representative said in a statement.

Boy Genius Report , Foxconn plans $1 billion factory in Indonesia to churn out more Apple gear, Foxconn plans $1 billion factory in Indonesia to churn out more Apple gear

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