HANOI : Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Vietnam, two people familiar with the matter said.The investment may total up to $400 million, one of them said.The pla
HANOI : Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Vietnam, two people familiar with the matter said.The plan underscores efforts by technology firms led by U.S.
Hon Hai Precision Industry Co Ltd and China's Luxshare Precision Industry also make or plan to assemble a number of Apple products in the area such as laptop and tablet computers. The rest would be for displays, with BOE spending $250 million to build a plant on 50 hectares while suppliers would use the remaining 30 hectares, all by 2025, the person said.
Apple, which included BOE in its 2021 list of manufacturing partners, uses OLED screens for its latest iPhone smartphones.
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