Electronics Production | August 01, 2006
Foxconn forms Plastic JV
Foxconn, Sinar Mas Group and Shanxi Lanhua Group of China team up to form a joint venture for the plastics-chemical and energy industries.
Taiwan based EMS provider Foxconn has together with Sinar Mas Group of Indonesia and Shanxi Lanhua Group of China co-invested US$1.8 billion to form a joint venture for the plastics-chemical and energy industries in China. According to Digitimes, Foxconn will establish an industrial zone in the Shanxi Province in China for this purpose.