Reported 22 days ago
Foxconn's subsidiary, Shunsin, is seeking approval for an $80 million investment in northern Vietnam to produce integrated circuits. The plant, located in Bac Giang province, aims to start operations by December 2026 with an annual capacity of 4.5 million units. All products will be exported to the US, EU, and Japan. Foxconn, the largest contract electronics manufacturer, has invested over $3.2 billion in Vietnam since the 2000s.
Source: YAHOO