Article: SHARP CORP RELOCATES WASHING MACHINE PRODUCTION UNIT TO PHILIPPINES.

Jakarta, June 21 (ANTARA)- Japanese electronic producer Sharp Corporation will relocate its washing machine production unit from Indonesia to the Philippines as the price of the product in Indonesia has become less competitive. "The price of Sharp washing machines made in Indonesia is no longer competitive because of inadequate infrastrucuture facilities here," senior manager for refrigerators and washing machines of PT Sharp Electronics Indonesia, Andry, said after visiting the plant here on Wednesday. He said almost 80 percent of washing machine components produced by Sharp in Indonesia still had to be imported, so that the price of the product was higher than ...

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