Foxconn subsidiary Shunsin eyes $80 million Vietnam investment for integrated circuits

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HANOI : Taiwanese giant Foxconn's subsidiary Shunsin is seeking a permit to invest $80 million in northern Vietnam to produce integrated circuits, according to a document from Vietnam's environment ministry.

FILE PHOTO: The logo of Foxconn is pictured on top of the company's headquarters in New Taipei City, Taiwan October 31, 2022.

The plan, which will be in Bac Giang province, will focus on producing and processing electronic components, specifically integrated circuit board, the document said.

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Article Details

Category: EconomyBusiness

Markets: SingaporeTaiwanVietnam

Topics: Foxconn Pictured Vietnam Logo Experience File Document Mediacorp Photo: Integrated

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 13:13:09 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 131 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23389017

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