The South Korean company Samsung Electronics Co Ltd plans to open in Indonesia factory for the production of mobile devices.
According to the newspaper, on Monday Samsung representatives said that the company plans to build a factory for the production of mobile phones in Indonesia, the market for electronic devices, which is considered one of the fastest growing and most promising in the world. However, associate did not disclose the size of any investment, nor any other details.
Young population and low level of penetration of smartphones make Indonesia one of the most attractive markets for smartphone makers, including Samsung, the device is targeted to emerging markets. By the way, Samsung already has factories in China and Vietnam.
It is worth noting that earlier their intention to open a factory in Indonesia has announced a famous Taiwanese company Foxconn Technology Group. For this purpose it is prepared to spend about $ 1 billion.