Sharp Corporation announces that P.T. Sharp Electronics Indonesia (SEID)—Sharp’s production and sales subsidiary based in Jakarta, Indonesia—is expanding production capacity for refrigerators and washing machines. The new production facility will be built in Karawang International Industrial City (KIIC) in Karawang, West Java Province.
Domestic consumption has been growing steadily in the Indonesian market in concert with economic development, and further market expansion is expected in the future. With the construction of this new plant, Sharp will expand production capacity for refrigerators and washing machines, and will work to grow its business in the Indonesian market and further enhance the Sharp brand image.
Overview of New Plant
| •Company name: |
P.T. Sharp Electronics Indonesia (SEID) |
| •Business description: |
Manufacture and sales of refrigerators and washing machines |
| •Representative: |
Fumihiro Irie, President |
| •Planned construction site: |
Karawang International Industrial City (KIIC), Karawang, West Java Province, Republic of Indonesia |
| •Production volume: |
Refrigerators: 220,000 units/month;
Washing machines: 140,000 units/month |
| •Capitalization: |
Approx. 1,200 billion rupiah (about 10.7 billion yen) |
| •Ownership: |
100% wholly owned by SEID |
| •Start of operations: |
During 2013 |