Foxconn Sets Up Its PlayStation Production in Vietnam

Foxconn Sets Up Its PlayStation Production in Vietnam

Taiwanese electronics giant Foxconn will set up a facility to produce PlayStation gaming consoles in Quang Ninh province, Vietnam, as part of a USD 287.2 million investment. Foxconn received the investment registration certificate for the project in July 2024. The...
Indonesia’s First EV Battery Plant Launched by Hyundai and LGES

Indonesia’s First EV Battery Plant Launched by Hyundai and LGES

On July 3rd, 2024, Hyundai Motor Group and LG Energy Solution (LGES) of South Korea opened Indonesia’s first battery cell production plant for electric vehicles. This facility has an annual capacity of 10 Gigawatt hours (GWh) of battery cells. Hyundai and LGES have...
Frisian Flag Indonesia Launches EUR 257 Million Factory in Cikarang

Frisian Flag Indonesia Launches EUR 257 Million Factory in Cikarang

With an investment of EUR 257 million (or IDR 3.8 trillion), Frisian Flag Indonesia (FFI) has launched a factory in Sukamahi village, Cikarang district, Bekasi regency. This 25.4-hectare plant is the largest production investment by Friesland Campina, the parent...