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PT Hartono Istana Teknologi

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PT Hartono Istana Teknologi
Formerly
Indonesian Electronic & Engineering (1975–1976)
Hartono Istana Electronic (1976–1980)
Private PT
ISIN🆔
IndustryElectronics
Founded 📆May 16, 1975; 49 years ago (1975-05-16) (as PT Indonesian Electronic & Engineering)
Founder 👔Robert Budi Hartono
Michael Bambang Hartono
Headquarters 🏙️Kaliwungu, Kudus Regency, Central Java, Indonesia
Area served 🗺️
Products 📟 Electronics, audio electronics, home appliances, smartphones
OwnerDjarum
Members
Number of employees
🌐 Websitewww.polytron.co.id
📇 Address
📞 telephone

PT Hartono Istana Teknologi (trading as Polytron) is an Indonesian electronics company headquartered in Kudus Regency, Central Java. The company manufactures consumer electronics products, including television, audio electronics, refrigerator, air conditioner, washing machine, and smartphones. It is owned by Indonesian conglomerate company and cigarette manufacturer Djarum.

Polytron has three factories in Kudus Regency, namely Krapyak, Sidorekso, and Sayung (at the border with Semarang),[1] with a total employees of more than 6,000 as of 2017.[2]

History[edit]

Polytron was founded by Djarum on 16 May 1975 as PT Indonesian Electronic & Engineering. The company started technology transfers from Belgium-based Philips-MBLE, supported by newly trained employees and European electronic components. In 1977, the company started producing television sets with "Polytron" brand, but it was unsuccessful. The company then turns to Hong Kong technologies; it launched 20-inch black and white television from components imported from there. In 1979 the company started producing 22-inch and 26-inch color television.[3][4]

Between 1975 and 1980 the company underwent several company name change, including PT Hartono Istana Electronic and present name PT Hartono Istana Teknologi.

In 1980 Polytron started cooperation with Finland-based Salora for its television manufacturing,[4] as well as technology transfers. Polytron later started producing audio electronics in the 1980s, made Polytron well-known brand in Indonesian electronics market.[5]

In 1990, PT Hartono Istana Teknologi made two brands, namely Polytron and Digitec. Polytron was marketed as a "European" brand and Digitec was marketed as a "Japanese" brand. In 1992 the company was able to export television sets to various countries in Europe such as the United Kingdom, Spain, and others (although did not use the Polytron brand), but it was later focused on domestic market following 1997 Asian financial crisis.[5] Digitec brand was later dropped.

Corporate governance[edit]

As of November 30, 2020, Polytron ownership is as follows:

  • PT Sapta Adhikari Investama (51.94%)
  • Martin Basuki Hartono (5.64%)
  • Public (61.89%)

Business unit[edit]

References[edit]

  1. Agustinus, Michael; Fitriyani, Ema (2018). "Menperin Blusukan ke Pabrik Elektronik Polytron di Kudus". Kumparan. Retrieved 10 April 2021.
  2. "Are You Ready For #BREAKRESISTANT Smartphone?". Polytron Indonesia. Retrieved 10 April 2021.
  3. Admin (2011). "Sejarah Polytron, tahukah perjuangannya?". Sejarah Negara. Retrieved 10 April 2021.
  4. 4.0 4.1 "Tentang Polytron". Polytron Indonesia. Retrieved 10 April 2021.
  5. 5.0 5.1 Sentausa, Tidar (2018). "Ini Sejarah Polytron, Produk Dalam Negeri yang Tembus Pasar Global". Bukalapak BukaReview. Retrieved 10 April 2021.

External links[edit]



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