Korean firm to build factory in Ha Nam

Tuesday, Apr 21, 2015 14:40

Representatives of ACE Technology Corporation at a meeting with leaders of northern Ha Nam Province. — Photo hanamtv.vn

HA NOI (Biz Hub) — ACE Technology Corporation's Project Management Director M H Kim said the firm would construct a factory in Ha Nam province, to produce wireless antennas and filters used in smartphones.

The South Korean firm's factory in the northern province will have an initial investment of US$70 million and have 3,000 employees, which are expected to increase to $100 million and 5,000 workers respectively in the future.

The construction work of the factory is scheduled to commence in July this year, spread over 12.5ha in the Dong Van 2 industrial zone in Duy Tien District. — VNS


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