Ad
Ad
Ad
Ad
Ad
Ad
Ad
© mopic _dreamstime.com Electronics Production | November 10, 2014

Samsung to build $3 billion plant in Vietnam

South Korean electronics giant, Samsung, is planning to set up a second smartphone factory in northern Vietnam. The company has applied for a licence to invest USD 3 billion in the construction of the new factory.
The electronics giant is planning to build a second plant in the Thai Nguyen province, where the company opened a smartphone factory in March, according to a report in Reuters citing a senior official at the province's Planning and Investment Department.

While the official told Reuters that there still are a few things to sort out, he did say that: “We are working on the project”. The man asked not to be identified as he was not authorized to speak to the media.

Samsung has declined to comment on the matter.
Ad
Ad
Ad
Ad
Load more news
November 15 2018 5:25 pm V11.9.0-1