vietnams pm assures no energy shortages in 2024 at wef discussion

Vietnam's PM assures no energy shortages in 2024 at WEF discussion

Vietnamese Prime Minister Pham Minh Chinh chaired a discussion with Professor Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), and around 20 leaders of major WEF corporations on June 26 in Dalian, China.
foxconn to pour 383 million into bac ninh factory

Foxconn to pour $383 million into Bac Ninh factory

Apple's main supplier, Foxconn, will invest $383.3 million into a new factory specialising in producing printed circuit boards (PCB) in Bac Ninh province.
nokia partners with foxconn to produce 5g airscale equipment in vietnam

Nokia partners with Foxconn to produce 5G AirScale equipment in Vietnam

Nokia will partner with Foxconn to produce its 5G AirScale equipment at Foxconn's factory in the northern province of Bac Giang.
foxconn continues to expand production in vietnam

Foxconn continues to expand production in Vietnam

Apple's main supplier, Foxconn, continues to expand its production in Vietnam with a focus on computing products.
foreign invested enterprises export turnover accounts for 73 per cent

Foreign-invested enterprises' export turnover accounts for 73 per cent

Foreign-invested enterprises (FIEs) contributed $259.95 billion out of Vietnam’s total export turnover of $355.5 billion in 2023, equalling 73.1 per cent.
foxconns shunsin technology to establish semiconductor subsidiary

Foxconn's ShunSin Technology to establish semiconductor subsidiary

ShunSin Technology is planning to open a subsidiary in Vietnam costing $20 million.
licence penalties incurred by foreign electronics groups

Licence penalties incurred by foreign electronics groups

A series of electronic component and telecommunications equipment manufacturers have been fined for flouting construction and environmental regulations.
foxconn subsidiary fined 22000 for flouting building regulations

Foxconn subsidiary fined $22,000 for flouting building regulations

Fushan Technology Vietnam Co., Ltd., a subsidiary of Foxconn, will have to pay a VND520 million ($22,000) fine due to proceeding with construction without the prerequisite licence.
electronics assemblers cashing in

Electronics assemblers cashing in

Foreign-invested manufacturers and assemblers of electronics products have generated big profits from Vietnam, which is the foundation for their consecutive expansion in the country.
foxconn earns 317 million in after tax profit in vietnam

Foxconn earns $317 million in after-tax profit in Vietnam

The world's largest contract manufacturer and assembler of electronics, Hon Hai Precision Industry Co., Ltd., trading internationally as Foxconn, outperformed its industry rivals last year, reportedly earning VND7.5 trillion ($317 million) in after-tax profit from its 16 Vietnamese plants.
fies in vietnam promote green energy growth

FIEs in Vietnam promote green energy growth

With recent power shortages stemming from increased seasonal demand, along with the growing appetite for electricity from commercial and residential developments, the need for a more reliable power supply has made Vietnam an attractive market for foreign investors to develop rooftop solar energy. This has been led by Vietnam's foreign-invested enterprises (FIEs) in the manufacturing sector, particularly the electronics, semiconductor, and textile industries
foxconn gains projects worth 246 million in quang ninh

Foxconn gains projects worth $246 million in Quang Ninh

Quang Ninh People's Committee has granted investment certificates for two Foxconn projects worth more than $246 million in Song Khoai Industrial Zone (invested by Thailand’s biggest industrial developer Amata) and Quang Yen Economic Zone.
greenyellow investing in new wings rooftop solar power system

GreenYellow investing in New Wing's rooftop solar power system

GreenYellow, a French energy management company, has signed a deal to invest in a rooftop solar power project for New Wing Interconnect Technology Co., Ltd., a fully owned subsidiary of Foxconn Group.
taiwans foxconn predicts huge growth in ai server business

Taiwan's Foxconn predicts huge growth in AI server business

Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial intelligence server business due to robust demand for AI products such as ChatGPT, its chairman said Wednesday.
luxshare set to thrive with new production line foxconns fate uncertain analyst

Luxshare set to thrive with new production line, Foxconn's fate uncertain: analyst

Tech expert reveals Luxshare's triumph on securing Apple's new production introduction, while Foxconn misses out.