Sharp Will Increase Investments in Indonesia
www.tempo-interaktif.com, 2005-01-20
PT Sharp Indonesia will increase its investments in Indonesia by Rp 14 billion in 2005. In total, Rp 86 billion are invested in Indonesia. With the fund invested, Sharp will manufacture new products, such as low-voltage refrigerators. The company also targets to enlarge Sharp’s market segment. For the television segment, Sharp will increase its market to 25 percent. Sharp will also increase the refrigerator segment to 33 percent, air conditioner (AC) to 11 percent, washing machine to 15 percent, audio products to 33 percent and microwave to 36 percent. This year, Sharp will also focus its product on the development of liquid crystal display (LCD). LCD TV production is increased to 45,000 units per month, while production of small screen LCD is increased to 18,000 units per month.