Apple may establish $1 billion R&D centre in Danang

August 08, 2016 | 11:55

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Apple expressed interest in building a research and development (R&D) centre in the coastal city of Danang to facilitate its operations over the entire Asian region.

Photo source AFP

The information was released at the recent meeting assessing Danang’s performance in attractive foreign direct investment in the first six months of 2016.

However, leaders of Danang City said that the investor was currently mulling over the investment location and would give the final decision at a working session with Danang’s leaders in August.

According to a source of VIR, Hanoi seemed to be the most likely destination for the centre earlier in March. However, with the exception of the relevant government agencies’ proposal of a location and guidance to finish the necessary administrative procedures, no further details have been released yet.

At that time, along with rumours about establishing a data centre, Apple posted advertisements to recruit an iPhone distribution director and an iOS retail director in Vietnam.

The tech-savvy community expects the opening of the first Apple Store in the country. Apple’s products are distributed through authorised resellers, such as FPT Shop and, most recently, MobiFone.