Foxconn is building a new $270 million plant in VietnamWhat you need to know
Foxconn has been given a license that will allow it to build a new $270 million plant in Vietnam.
The plant will build 8 million laptops and tablets per year.
It's expected that Apple will have MacBooks and iPad built at the new facility.
Apple supplier Foxconn has been granted a license to build a new $270 million plant in Vietnam, according to a new report. The plant will be capable of producing as many as eight million tablets and laptops, says Reuters.
Set to be built by Fukang Technology, the new plant is part of an ongoing $1.5 billion investment by Foxconn in Vietnamese plants as it seeks to diversify its portfolio at the behest of Apple. It's thought that the new plant will be producing MacBooks and iPad for Apple once it opens.
Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple Inc, a person with knowledge of the plan said in November, as the U.S. firm diversifies production to minimise the impact of...
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Foxconn is building a new $270 million plant in Vietnam
