Demand for TV receivers to rise<\/p>\n
BEKASI, West Java (JP): Demand for television receivers will
\nincrease to 2.5 million units in 1998, 38.8 percent higher than
\nthe demand in 1995, a Toshiba executive said yesterday.<\/p>\n
\"Our new factories have therefore been established to tap the
\ngrowing market,\" said Fumio Sato, president of Toshiba Corp. of
\nJapan, at the inauguration of three Toshiba joint-venture plants.<\/p>\n
Minister of Industry and Trade Tunky Ariwibowo yesterday
\nsimultaneously inaugurated PT Tosummit Electronic Devices
\nIndonesia, PT Toshiba Consumer Products Indonesia and PT Toshiba
\nMetal Parts Indonesia.<\/p>\n
Tosummit Electronic produces 14 and 20-inch color-picture
\ntubes and has an annual capacity of 2.3 million tubes for Toshiba
\nConsumer Products' TV sets. Toshiba Metal Parts manufactures
\nmetal components such as flames, inner-shields and holders for
\nTosummit Electronic's tubes, Sato said.<\/p>\n
He said Toshiba Consumer Products was designed with an annual
\nproduction capacity of one million sets.<\/p>\n
Tosummit Electronic's president Hirofumi Kakiuchi said that
\nonce his plant begins operating at full capacity in 1998,
\nIndonesia will be able to save US$100 million which otherwise
\nwould have been spent on imported picture tubes.<\/p>\n
Tunky said the new facilities would strengthen the structure
\nof the electronics industry by reducing the reliance of local
\ncompanies on imported electronic components.<\/p>\n
\"The total investment of the three plants is estimated at
\n$146.89 million, of which Tosummit Electronic, as the biggest
\nproject, accounted for $100 million,\" Sato added.<\/p>\n
The Toshiba television-tube plant is the second such facility
\nin the country.<\/p>\n
The first television-tube factory was PT Lucky-Goldstar
\nElectronics Display Devices Indonesia, a fully-owned subsidiary
\nof Lucky-Goldstar Group of South Korea, which was opened in June
\nby President Soeharto at Cibitung, West Java.<\/p>\n
With an initial investment of $250 million, PT Lucky-Goldstar
\nis producing several varieties of television components such as
\nvideo cassette recorders, computer monitors and depletion yokes.<\/p>\n
Tosummit Electronic, founded in 1995, is a joint venture which
\nis 35 percent owned by PT Tabung Gambar Indonesia, 28 percent by
\nToshiba Corporation and 22 percent by Sumitomo Corporation.<\/p>\n
Toshiba Metal Parts, founded in 1995, is a joint venture
\nbetween Toshiba Metal Parts Corporation, which owns 81 percent of
\nthe equity, and Sumitomo Corp., with 19 percent.<\/p>\n
Toshiba Consumer Products, set up early this year 1996, is a
\njoint venture between Toshiba Singapore Pte. Ltd, which holds two
\nthirds of the total shares, and Toshiba Corporation with the
\nremaining one third. (06)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/demand-for-tv-receivers-to-rise-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
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