[New post] Foxconn cancels investment plan in Indonesia – Kontan

sskarthik posted: "JAKARTA (Reuters) - Taiwan's Foxconn Technology Group, the world's biggest electronic components maker, has cancelled plans to invest in a factory in Indonesia, Kontan daily reported on Tuesday, citing the head of an Indonesian business chamber. Foxconn, " Respond to this post by replying above this line New post on SKarthik.info Foxconn cancels investment plan in Indonesia – Kontan by sskarthik JAKARTA (Reuters) - Taiwan's Foxconn Technology Group, the world's biggest electronic components maker, has cancelled plans to invest in a factory in Indonesia, Kontan daily reported on Tuesday, citing the head of an Indonesian business chamber. Foxconn, whose flagship listed unit is Hon Hai Precision Industry Co Ltd, said last year it may invest $1 billion in Southeast Asia's biggest economy. Foxconn had decided not to go ahead with its investment plan because of land issues, Kontan quoted Suryo Bambang Sulisto, chairman of the Indonesian chamber of commerce and industry, as saying. ... Read more... sskarthik | September 1, 2015 at 10:10 am | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3hUz Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/09/01/foxconn-cancels-investment-plan-in-indonesia-kontan/ Thanks for flying with WordPress.com