Pegatron to Invest Up to $1 Billion On Indonesian Factory to Assemble Chips for Apple

Pegatron is planning to invest up to $1 billion on a factory in Indonesia that will assemble chips for Apple's iPhone, reports Reuters.

Taiwan’s Pegatron has signed a letter of intent stating it intends to invest 10-15 trillion rupiah ($695 million to $1 billion) in an Indonesian factory to assemble “chips for Apple smartphones”, Indonesia’s deputy industry minister said on Tuesday.

Deputy Minister Warsito Ignatius told the site that Pegatron will assemble chips in partnership with local electronics company PT Sat Nusapersada at a factory on the island of Batam.





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