Apple, Samsung supplier BOE plans two new factories in Việt Nam
HÀ NỘI — Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Việt Nam.
The investment may total up to US$ 四00 million, UK-based Reuters reported.
BOE is in talks to lease dozens of hectares of land in the northern region to add to its relatively small plant in the south that supplies mostly TV screens to the Republic of Korea's Samsung and LG Electronics Inc.
BOE plans to use up to 一00 hectares, with 二0 per cent for a plant making remote control systems at a cost of $ 一 五0 million. The rest will be for displays, with BOE spending $ 二 五0 million to build a plant on 五0 hectares while suppliers will use the remaining 三0 hectares, all by 二0 二 五.
Northern Việt Nam has in recent years attracted significant investment from electronics giants, becoming a major hub for the production of smartphones, computers and cameras, including flagship goods from Apple and Samsung.
Hon Hai Precision Industry Co Ltd (Foxconn) and China's Luxshare Precision Industry also plan to assemble a number of Apple products in the area such as laptops and tablets. VNS
