TAIPEI -- Taiwan's Pegatron, the world's second-largest contract manufacturer of electronics, plans to have new factories up and running in Indonesia and Vietnam by the end of the year.
Chairman says mainland lost its competitive edge five years ago

An employee works on the production line of an electronics factory in Shenzhen. Pegatron aims to diversify its production, which is currently heavily concentrated in mainland China. © Reuters
TAIPEI -- Taiwan's Pegatron, the world's second-largest contract manufacturer of electronics, plans to have new factories up and running in Indonesia and Vietnam by the end of the year.