Electronics Production | February 02, 2010
Foxconn to launch $5 bn project
After years of delay, Taiwan based EMS provider Foxconn has decided to start its large scale investment in Vietnam.
Director of the Industrial Parks Management Authority of Vinh Phuc said that Foxconn will resume construction on its project during this first half of 2010. The total investment value is $5 billion. The main reason for the delay was due to the global recession.