The Vietnamese authorities stated that Apple provider Quanta Computer plans to arrange a manufacturing facility in northern Vietnam.
The firm, a MacBook contract producer, on Friday signed an settlement with the authorities of Nam Dinh province, 90 km (56 miles) south of Hanoi, to assemble the power at an industrial park there, the federal government stated in an announcement late on Friday.
The facility, which might be Quanta’s ninth manufacturing facility globally, would initially cowl an space of twenty-two.5 hectares, the assertion stated, with out giving its capability nor a timeframe for the development.
Local media stated on Saturday Quanta would make investments $120 million within the manufacturing facility.
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Source: economictimes.indiatimes.com