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HANOI (Reuters) – Foxconn Singapore has actually been granted a permit to spend $383 million in a manufacturing facility to create published circuit card in Vietnam, state media reported on Monday.
The plant in the north district of Bac Ninh will certainly create 2.79 million items a year, Cong Thuong paper reported.
Foxconn, the globe’s biggest agreement electronic devices manufacturer and assembler, did not right away reply to a Reuters ask for talk about the record.
Foxconn has actually spent greater than $3.2 billion in Vietnam because clenched fist getting in the Southeast Eastern nation in the 2000s. The majority of its factory lie in the north districts of Bac Ninh and Bac Giang.
Previously this month, Vietnamese state media stated Foxconn will certainly create 5G AirScale tools for Nokia at Bac Giang.
( Coverage by Khanh Vu; Modifying by Susan Fenton and Alexander Smith)
