Taiwan’s Apple supplier Quanta plans Vietnam factory
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Apple supplier Quanta Computer plans to set up a factory in northern Vietnam, the Vietnamese government said.
The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh Province, 90 km (56 miles) south of Hanoi, to construct the facility at an industrial park there, the government said in a statement late on Friday.
The facility, which would be Quanta’s 9th factory globally, would initially cover an area of 22.5 hectares, the statement said, without giving its capacity nor a time frame for the construction.
Local media said on Saturday Quanta would invest $120 million in the factory.
Questions & Answers
Q.Where in Vietnam will Quanta's new factory be located?
Where in Vietnam will Quanta's new factory be located?
The factory will be constructed in Nam Dinh Province, which is situated 90 km south of Hanoi. It will be part of an industrial park in that area.
Q.What kind of products does Quanta Computer typically manufacture?
What kind of products does Quanta Computer typically manufacture?
Quanta Computer is known as an Apple supplier and a MacBook contract manufacturer. This suggests their new facility in Vietnam would likely produce similar electronic components or devices.
Q.How large will Quanta's new facility be in terms of land area?
How large will Quanta's new facility be in terms of land area?
The facility is initially planned to cover an area of 22.5 hectares. This will be Quanta's ninth factory globally once completed.
Q.What is the anticipated investment amount for the new factory?
What is the anticipated investment amount for the new factory?
Local media reported that Quanta is expected to invest $120 million in the factory. The official statement from the Vietnamese government did not confirm this figure.