JAKARTA (Reuters) – Taiwan electronics company Pegatron has signed a letter of intent stating it intends to invest 10 trillion to 15 trillion rupiah ($695 million to $1 billion) in an Indonesian factory to produce chips for Apple smartphones, the Indonesian deputy industry minister said on Tuesday.
Pegatron plans to produce the chips in partnership with Indonesian electronics company PT Sat Nusapersada, Deputy Minister Warsito Ignatius told Reuters.
