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Semiconductor Chip Industry Ready to Flood Investment in Indonesia
07 July 2022 - by Admin

The semiconductor industry is the lifeblood that is essential in accelerating digital transformation. As the industrial era 4.0 develops, the need for semiconductor chips continues to grow. Indonesia is a big market for electronic products. Therefore, the Ministry of Industry spurred the growth of the semiconductor industry. This step is believed to strengthen domestic manufacturing to be more competitive.


The development of the semiconductor industry in the country can be accelerated, for example, by joining the global semiconductor industry ecosystem and entering the global chip supply chain. During a meeting at the state visit of the President of the Federal Republic of Germany, Frank-Walter Steinmeier, Indonesia and Germany agreed to increase investment in the high-tech industry and open up opportunities to develop semiconductor factories in Indonesia so that the sector can play a role in the global chip supply chain.


The Minister of Industry emphasized that his party is committed to accelerating the transformation of industry 4.0 through the Making Indonesia 4.0 program. The strategic steps include increasing awareness, readiness assessments, assisting industry 4.0 transformation, implementing transformation projects, launching the industrial 4.0 ecosystem, INDI 4.0 awards and national lighthouse industry 4.0, and industry 4.0 conferences and expos
Thus, the company ought to calculate tax obligations and fill out annual notices adequately to minimize future disputes.

Source:liputan6.com

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