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Today's Headlines Electronics

  • Indonesia's Electronics Industry Plagued by Weak Purchasing Power

    Indonesia's Electronics Industry Plagued by Weak Purchasing Power

    Although a modest improvement is detected in the second half of 2017, Indonesian electronics manufacturers say that bleak consumer purchasing power poses a major challenge and therefore urge the government to implement policies that would strengthen purchasing power in Southeast Asia's largest economy.

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  • Electronics & Retail Sales Indonesia Bleak Around Idul Fitri

    Electronics & Retail Sales Indonesia Bleak Around Idul Fitri

    Sales of electronics in Indonesia in the second quarter of 2017 are expected to have remained stuck at the same level as in the first quarter amid bleak demand. Ali Soebroto, Chairman of the Indonesian Electronics Industries Association (Gabel), said domestic sales growth of electronics has not risen significantly in Q2-2017 and, in fact, is far from the target. Soebroto attributed these weak electronic sales to people's preference to purchase goods that are related to the fasting month (Ramadan) such as food products or clothes.

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  • Panasonic & Toshiba Close Factories in Indonesia

    Panasonic & Toshiba Close Factories in Indonesia

    Two major Japan-based electronics companies, Toshiba and Panasonic, have ceased all operational activities in their manufacturing plants in Indonesia. Toshiba has already closed its television manufacturing plant in Cikarang (West Java) and sold it to China-based Skyworth late last year. Reportedly, this was Toshiba's largest television manufacturing plant outside Japan. Meanwhile, Panasonic is to close its lighting manufacturing plants in Pasuruan (East Java) and Bekasi (West Java).

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  • Indonesia's Manufacturing Industry Most Popular Foreign Investment

    Two sectors of the Indonesian economy stand out as most popular destinations of foreign investments in the first six months of 2013. These are Indonesia's manufacturing sector and the construction, property and real estate sector, which grew 46.7 percent and 100.6 percent respectively compared to the same period in 2012. Based on data of the Indonesia Investment Coordinating Board (BKPM), foreign direct investments in Indonesia increased 23 percent to USD $14.1 billion in the first semester of 2013.

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  • Electronics Retailer Electronic City Indonesia Plans IPO in June 2013

    Electronic City Indonesia (ECI), a leading electronics retailer in Indonesia, plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in June 2013. According to the company's website, Electronic City is Indonesia's first modern electronic convenience store, specialized in selling electronic products for Indonesia's middle class and elite. Through the IPO, the company hopes to raise about USD $150 million which will be used for capital expenditure.

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  • Investment in Manufacturing Sector Reduces Dependence on Natural Resources

    Foreign investment in Indonesia 2013

    In the first quarter of 2013, Indonesia's manufacturing sector has received increasingly more investments compared to the same period last year. Investors directed IDR 53.26 trillion (USD $5.5 billion) towards Indonesia's manufacturing sector out a total of IDR 93 trillion (USD $9.6 billion) investment in Q1-2013. Compared to Q1-2012, investment in the manufacturing sector grew 84 percent. It is a positive development as it reduces Indonesia's dependence on natural resources, produces added-value products, and provides employment opportunities.

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Latest Columns Electronics

  • LG Electronics Eager to Make Indonesia its Television Production Base

    LG Electronics Eager to Make Indonesia its Television Production Base

    LG Electronics Indonesia, the local unit of South Korea-based electronics company LG Electronics, will produce three new television products in its factory in Cibitung (West Java): the LG OLED TV 4k, the LG Super UHD TV 4k, and the LG Smart TV (with the WebOS 3.0 operating system). Besides these new products, LG Electronics also plans to make its Indonesian factories a production hub for OLED TVs and Ultra HD TVs for the Southeast Asian and Australian markets. LG Electronics operates two factories in Indonesia.

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  • China Concerns: What to Expect of the Global Copper Price in 2014?

    China Concerns: What to Expect of the Global Copper Price in 2014?

    In the last 12 months, the international copper price showed a neutral movement (moving more or less sideways). This is particularly due to a number of issues in China, the world’s second largest economy, which impact negatively on the copper price movement. China has become such an important market for a variety of commodities, including copper (used in construction and electronics), that other countries can be considered almost irrelevant. Why do analysts have low expectations of the copper market for the remainder of 2014?

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  • Investments in Indonesia Expected to Exceed IDR 100 Trillion in Q1-2014

    Mahendra Siregar, Head of the Indonesia Investment Coordinating Board (BKPM) is optimistic that realized investment in Indonesia can reach over IDR 100 trillion (USD $8.6 billion) in the first quarter of 2014, particularly supported by foreign direct investment (FDI) in the country's automotive and electronics sectors. Siregar uttered his optimistic view at the groundbreaking of the new Toyota factory in Karawang (West Java) on Tuesday (25/02). Foreign investors remain buoyant on the potential of Indonesia's rapidly expanding consumer force.

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  • Indonesia Most Popular Investment Destination for Japanese Expansion

    Indonesia Most Popular Investment Destination for Japanese Expansion

    According to a survey of the Japan Bank for International Cooperation (JBIC), 44.9 percent of respondents assessed Indonesia as the most promising investment destination for the next three years. The respondents in this survey involved 500 Japanese companies that engage in international businesses. For Indonesia it is the first time in 21 years that it forms the preferred choice of overseas investments for Japanese companies, thus replacing China. In 2013, Japan already dominates foreign direct investment in Indonesia.

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