JECC Profit Exceeds Target Due to Sluggish Copper Prices: https://www.jengpatrol.com/bisnis/laba-jecc-lampaui-target-berkat-lesunya-harga-tembaga/5 October 2016
PT Jembo Cable Company Tbk (JECC) booked a net profit for the first half / 2016 Rp.82, 24 billion, exceeding the target for this year of Rp.71, 34 billion. This is due to the drop in the price of copper is used as a raw material cable maker.
Director and Corporate Secretary of JECC Anthony Benady said, sluggish price of copper has been helping companies since last year. This is evident from the increase in sales of Rp.789 billion to Rp.1.2 trillion by the end of 2015. The average price of copper for the first half of this year amounted to Rp.69.523 / kg. The figure decreased to 16% from last year which amounted to Rp.82.573 / kg. In addition, the raw material for making other cables that aluminum also decreased by 14%, last year the average Rp.27.942 / kg. Average per June this year Rp.24.094 / kg. So the company gain more efficiency in the cost of production other than copper.
LG Electric Car Battery Factory in Karawang to Start Operating Next Year: https://otomotif.kompas.com/read/2023/09/03/142100715/pabrik-baterai-mobil-listrik-lg-di-karawang-mulai-jalan-tahun-depan/3 September 2023
LG's electric car battery factory in Karawang, West Java will start production activities in February 2024 and will supply batteries for 160,000 - 200,000 electric vehicles. This was conveyed by the Minister of Investment/Head of BKPM, Bahlil Lahadalia at the 2023 ASEAN Business & Investment Summit which was broadcast online, Saturday (2/9/2023).
The LG electric vehicle battery factory construction project has an investment value of US$ 9.8 billion or the equivalent of Rp.149.3 trillion (exchange rate Rp.15,241). The initial steps for the project started with the construction of a battery cell factory in Karawang with a total investment of US$ 1.1 billion. The factory will produce battery cells for electric cars. The facility is expected to produce 10 GWh of NCMA lithium-ion battery cells per year when fully operational.
Battery and Other Household Electrical Equipment Manufacturing in Indonesia
Indonesia Industry Report and Market Research
May 7, 2024
Industry Code : C3839
Forecast to : 2028
Definition
Battery and Other Household Electrical Equipment Manufacturing in Indonesia This class consists of establishments mainly engaged in all kinds of electric accumulators, batteries, and their components; battery primers; lamps for household lighting, photographic lighting, lights for lecterns and stages, and lights for medical equipment; gas tube lights; electric light components; and electric cables and telephone cables, whether insulated or not. Manufacture of other electrical equipment and components are also included in this class.
Activities
The primary activities of firms in this industry are:
The Battery and Other Household Electrical Equipment Manufacturing industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
