Connect with us

Hi, what are you looking for?

BUSINESS

Two northern Vietnam Foxconn projects receive $246 million.

Photo: Foxconn

According to the local administration, Foxconn (2354. TW), the world’s largest contract electronics manufacturer and assembler, received Vietnamese approval to invest $246 million in two new Quang Ninh projects.

The province administration said Foxconn Singapore would invest $3 billion in Vietnam to manufacture telecom and EV products.

Foxconn declined. In January 2025, 1,200 workers will produce EV chargers and components at a $200 million factory.

A $46 million electronics and telecommunications plant will open in October 2024. Both facilities will be in Song Khoai Industrial Park, 138 kilometers east of Hanoi.

Foxconn, which has been in Vietnam for 20 years, plans to build a $100 million factory in Nghe An, local authorities said last month.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.
SUBSCRIBE

You May Also Like

SUBSCRIBE

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.