Apple supplier Foxconn has received a green signal to establish a new USD 270 million factory in Vietnam for producing computers and tablets, which may be part of the iPhone maker’s plan to broaden its MacBook and iPad production outside China.
The factory, which is set to be built in the northern Bac Giang province, is expected to produce 8 million product units each year, said the government. Since Foxconn is a key assembly partner for the iPhone maker, it’s possible that certain part of the production may be for MacBooks and iPads.
Last November, it was said that Apple had asked Foxconn for moving certain of its MacBook and iPad production outside of China (to Vietnam) for diversifying production. The trade war between US and China was a pressure factor on the firm, making it think of new ways to minimize the influence of the political maneuvers between the two countries.
As per a report by Reuters, Fukang Technology will develop the new facility. There is no information on when the construction of the plant will be completed or when it will be all set for commencing production; however it’s likely to start doing it before year end.
Notably, Foxconn is also believed to be considering another possible investment worth around USD 1.3 billion in the province of Thanh Hoa.