Sharp to boost production of home appliances in Indonesia
(Japan Economic Newswire Via Acquire Media NewsEdge) OSAKA, Sept. 4 -- (Kyodo) _ Sharp Corp. said Wednesday it has started manufacturing washing machines at a new plant in Indonesia to boost its production of home appliances in the country amid intensifying competition with South Korean rivals.
Sharp, which has a leading share in sales of washing machines and refrigerators in the Indonesian market, started operations three months ahead of its initial plan as companies such as Samsung Electronics Co. and LG Electronics Inc. are on the heels of the Osaka-based electronics manufacturer.
Sharp said it also plans to start producing refrigerators from October at the new plant located in Karawang, the company's second manufacturing base in the country after its first plant in Jakarta began operation in 1971.
By integrating local production of washing machines and refrigerators at the new plant in fiscal 2014 starting April or thereafter, Sharp plans to double its output of refrigerators to 220,000 units per month and boost its production of washing machines 2.5-fold to 140,000 units per month.
After consolidating home appliance production, Sharp will manufacture liquid crystal display televisions and CRT-based TVs at its plant in Jakarta.
(c) 2013 Kyodo News International, Inc.
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