Earlier in May, Apple Insider reported a member of Foxconn – Apple’s global supply chain partner – was negotiating to buy land use rights in India and Viet Nam to expand its production in both countries.
The central city began construction of the first surface-mount technology (SMT) factory at Da Nang Hi-Tech Park. The plant would make printed circuit boards and electronic components for export from early 2021.
Construction of a fully-owned South Korean factory producing electronic components was kicked off on February 3 in the northern province of Yen Bai’s Tran Yen District.
Mobile phones and electronic components had the largest share of the
total Vietnamese export revenue in the first eight months of 2014,
according to the General Statistics Office of Vietnam.
Samsung Electro-Mechanics, a member company of South Korean electronics
giant Samsung Group, is expected to build a factory to produce
integrated circuits and electronic components in the northern province
of Thai Nguyen.