[lbo-talk] Taiwan's Hon Hai to invest $! bn in Vietnam

joyce brothers xenax2 at yahoo.com
Wed Jan 10 06:40:57 PST 2007


Let Them Eat Education.

uvj at vsnl.com wrote:


> Nhan Dan
> http://www.nhandan.com.vn/english/
>
> Last updated: 17:2 - January 9, 2007
>
> Taiwan's Hon Hai to invest in Vietnam
>
http://www.nhandan.com.vn/english/business/090107/business_tai.htm
>
> Taiwan's Hon Hai Precision Industry Co., the world's
> No.1 electronics
> contract manufacturer by revenue, plans to invest US
> $1 billion to build
> factories in Vietnam, company spokesman Edmund C.A.
> Ding said Monday.
> "Vietnam's general investment environment is pretty
> good," Ding said. "We've
> considered the logistics and the company's supply
> chain and we've taken into
> account the opinion of our existing and target
> customers."
>
> Ding said the company has yet to pick a location for
> the production site,
> though it favors northern Vietnam. Hon Hai expects
> mass production at its
> planned Vietnam factories to begin "within a year,"
> he said.
>
> Hon Hai, a contract maker of a wide array of
> electronics and parts,
> including motherboards and connectors, already has
> factories in Taiwan,
> China, Brazil, the Czech Republic and Ireland.
>
> The Hon Hai group, which includes Foxconn
> International Holdings Ltd., is a
> contract supplier of iPod for Apple Computer Inc.
> and mobile phones for
> Nokia Corp. (AP)
>
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>
>
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