Taiwan's Foxconn signs letter of intent to invest in Jakarta

Taiwan's Hon Hai Precision Industry Co Ltd, the world's largest contract electronics maker, signed a letter of intent on Friday to invest in Jakarta, the spokesman of the city administration said. Hon Hai, better known by its trading name Foxconn, may invest in a manufacturing facility in North Jakarta, Eko Hariadi told Reuters on Friday. The letter was also signed by Jakarta Governor Joko Widodo, he said.

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