BOE Technology Group plans to invest $400 million in Vietnam

BOE Technology Group plans to invest $400 million in Vietnam

BOE Technology Group Co., Ltd. has plans to build two factories with the total investment capital of $400 million in Vietnam, according to Reuters.
Vietnam attractive destination for foreign manufacturing

Vietnam attractive destination for foreign manufacturing

Vietnam has witnessed an increasing wave of foreign companies shifting production to the country in the past year, and growth is expected to continue.
Apple to manufacture MacBooks in Vietnam next year

Apple to manufacture MacBooks in Vietnam next year

US multinational Apple plans to begin producing MacBooks in Vietnam for the very first time in 2023 as a part of its manufacturing diversification amid rising tensions between the United States and China.
Various industries seeing mass lay offs worldwide

Various industries seeing mass lay offs worldwide

Thousands of employees in the technology and real estate industries are being cut, as companies curtail ambitions and brace for tough times ahead.
Brazil judge fines Apple $20 mn over chargerless iPhones

Brazil judge fines Apple $20 mn over chargerless iPhones

A Brazilian judge fined Apple $20 million Thursday for selling iPhones without chargers, calling it an "abusive practice" that forces customers to buy an additional product.
Apple wins 728-mn-euro cut to France antitrust fine

Apple wins 728-mn-euro cut to France antitrust fine

A French court on Thursday slashed more than 700 million euros from a record 1.1 billion euro fine imposed on US tech giant Apple in 2020, sources close to the case told AFP.
Apple to make iPhone 14 in India in shift away from China

Apple to make iPhone 14 in India in shift away from China

Apple will manufacture its new flagship smartphone in India, the US tech giant said Monday, as it seeks to diversify production away from a dependence on China.
Brazil fines Apple $2.4 mn, prohibits sale of iPhone without charger

Brazil fines Apple $2.4 mn, prohibits sale of iPhone without charger

Apple has been barred from selling iPhones without a charger in Brazil and fined more than $2 million over the issue, the government said Tuesday, after accusing the US tech giant of "discriminatory practices."
Apple leading charge in new manufacturing

Apple leading charge in new manufacturing

Vietnam is on the radar of more manufacturing and processing investors who are seeing the advantages of Vietnam’s current economic status.
Vietnam’s Apple shipments more than doubled in Q2/2022

Vietnam’s Apple shipments more than doubled in Q2/2022

Apple saw its shipments more than double during the second quarter of 2022 as it expanded its reach by increasing its official distributors.
Foxconn plans to pour additional $300 million into a new factory in Vietnam

Foxconn plans to pour additional $300 million into a new factory in Vietnam

Taiwan-based Hon Hai Precision Industry—better known as Foxconn plans to lease 50.5 hectares of land in Quang Chau Industrial Park in the northern province of Bac Giang to develop a new project with an investment of $300 million.
Global manufacturers gradually focus on Vietnam

Global manufacturers gradually focus on Vietnam

Many manufacturers in the global supply chain of major firms are gradually focusing on Vietnam.
Apple suppliers eye further expansion in Vietnam

Apple suppliers eye further expansion in Vietnam

More Apple suppliers are keen on expanding their manufacturing operation in Vietnam as part of their relocation plan to mitigate supply chain headwinds.
Vietnam: ideal destination for global tech giants

Vietnam: ideal destination for global tech giants

Vietnam is again in the spotlight after Apple’s move to shift production activities to this Southeast Asian country, according to TRT World page of Turkish Radio and Television Corporation.
Americans to pump in greener, high-tech capital

Americans to pump in greener, high-tech capital

Investment from the United States is expected to flow more strongly into Vietnam in the fields of digital economy, green energy, and healthcare.
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