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Electronics Production |

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.

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