Samsung to build phone factory in Indonesia

• Samsung (OTC:SSNLF, OTC:SSNGY) is planning to set up a factory to produce mobile phones primarily for Indonesia, one of the world's fastest growing markets for the devices.
• Production capacity at the facility in West Java will be initially set at 100K units per month, but will eventually climb to 900K.
• Seeing sales of its flagship Galaxy models weaken in more established markets, Samsung is turning to markets with low smartphone penetration rates and higher disposable incomes like Indonesia.