Foxconn subsidiary Shunsin eyes $80 million Vietnam investment for integrated circuits
FILE PHOTO: The logo of Foxconn is pictured on top of the company's headquarters in New Taipei City, Taiwan October 31, 2022. REUTERS/Carlos Garcia Rawlins/File Photo
HANOI : 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.
Source: Reuters
