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Electronics Production |

Flextronics evaluates Vietnam

Foreign investors increasingly seek new alternatives to China and its political and economic concerns. Flextronics and Intel are among the companies that carefully evaluates Vietnam as a new manufacturing site.

According to an article published by EE Times, the work ethic, social and political stability and lower labor costs makes Vietnam an interesting country to manufacture in. Among the foreign companies that already have set up manufacturing sites in Vietnam are chip developer Renesas and American EMS-provider Spartronics. Computer maker Fujitsu Siemens also has a plant in Vietnam. The company now plans a $10 million expansion in the region. According to the EE Times article, Intel Corp. and Flextronics International Ltd. have made no commitments but have carefully evaluated Vietnam as a manufacturing site. Click Here to read the full Article.

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March 15 2024 2:25 pm V22.4.5-1
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