Several media have reported that Foxconn will build a factory in Indonesia. As reported by Antara, the confirmation is disclosed by the Minister of Industries, MS Hidayat who states that the agreement has been signed when the Minister of Trade, Gita Wirjawan visited Taiwan some time ago.

Foxconn will build a factory worth USD1 billion of investment and expected to be able to employ up to 1 million work forces. Although Foxconn is hoping to build a factory in Central Java or East Java region, the government is pushing the location to outside Java by offering some tax incentives. The feasibility study for this factory can take a year.

Foxconn is known as one of the biggest electronic manufacturing companies in the world. Under the official label Hon Hai Precision Industry, Foxconn’s headquarter is in Taiwan and has many factories in some continents. Foxconn’s biggest (and many) factory is located in China. Foxconn owns 13 factories in China, where one factory employs around 100 thousand to 500 thousand workers. Overall number of Foxconn’s workers in China reaches 1.2 million people. Foxconn is also reported to have several factories in Malaysia even though the scale is not too massive.

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