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

FIEs contributed to nearly three-quarters of Vietnam's exports.
Foxconn's 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 $22,000 for flouting building regulations

Foxconn subsidiary fined $22,000 for flouting building regulations

The VND520 million ($22,000) fine is due to violating construction rules.
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

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

FIEs seek expansion of rooftop solar to combat the recent power shortages stemming from increased seasonal demand.
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 approval for two Foxconn projects worth over $246 million in Song Khoai Industrial Zone and Quang Yen Economic Zone.
Taiwan's 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, Foxconn's 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.
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 pushes ahead in investment stakes

Vietnam pushes ahead in investment stakes

Foreign direct investment from Asia remains positive in Vietnam, with billions of US dollars pouring into the country over the past year.
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.
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