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Nov 08, 2016 19:03:57

Erajaya Swasembada ($ERAA) to find business partner to fulfill the minimum local content rule

The company is eyeing to find business partner in manufacturing division in order to fulfill the ruling in mobile phone manufacturing. The 30% minimum local content in 4G phone will start to implement in January 2017. However, the company will still focus on its core distribution business under its retail stores (Erafone, Samsung shop and Urban Republik), while manufacturing division will give a value added to the company.

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