Thursday, December 5, 2024

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

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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.

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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