Friday, 24 March, 2023

Apple supplier Foxconn will invest $300M more in northern Vietnam

<p>Apple supplier Foxconn has agreed to expand its facilities in the north of the country with Vietnamese developer Kinh Bac City under a $300M MoU to diversify and increase manufacturing. 30,000 local employment&nbsp;will be created by the Taiwanese company&#39;s new facility, which will be located on a 50.5 hectare (125 acres) land in the province of Bac Giang. Foxconn, which has been operating in Bac Giang for 15 years, has shifted some of the production of its iPad and AirPods there.</p>