JAKARTADAILY.ID – Indonesian Minister of Trade Zulkifli Hasan sent off 8 million smartphone units abroad to be exported by PT Samsung Electronics Indonesia (PT SEIN) in North Cikarang, West Java, on Thursday, October 13, 2022.
During the occasion, the Minister underlined that Indonesia could become a production and export hub for smartphones to various markets around the world.
"This export achievement can certainly encourage Indonesia to become a production base for electronic products, including smartphones," said Zulkifli Hasan in a press release published on the Ministry of Trade website on Thursday, October 14, 2022.
PT Samsung Electronics Indonesia (PT SEIN) has successfully exported 8 million units of smartphones to various countries from 2018 to the 3rd quarter of 2022. For this success, the Minister of Trade also expressed his appreciation for Samsung's contribution to domestic production.
"I express my gratitude and appreciation to the leadership of PT SEIN and their ranks who continue to encourage increased Indonesian exports of electronic products, including smartphones," said Zulkifli Hasan.
The electronics sector (HS 85) is the 4th largest export component in Indonesia's export structure. In January-July 2022, the value of Indonesia's electronics exports reached $9.43 billion. This value is up $18.9 percent from the same period of the previous year $7.93 billion.
Meanwhile, in 2021, Indonesia's electronic exports will reach a value of $14.1 billion with a positive five-year trend (2017-2021) of 6.54 percent. In the same year, Indonesia's cellular phone exports (HS 851712) reached a value of $305.8 million.
In general, continued Trade Minister Zulkifli Hasan, Indonesia's electronic trading performance was quite good. Currently, Indonesia is ranked 34th as an electronics exporter with a share of 0.25 percent.
The Samsung smartphone and tablet factory in Cikarang has been operating since 2015 and continues to invest by updating its production operating system to become more sophisticated so as to increase production capacity to meet domestic and export demand.