(VOVWORLD) - Electronics contract manufacturer Foxconn has produced the first batch of display screens at its 26-million USD factory in the northern province of Quang Ninh, VnExpress reported.
 A motorcyclist rides past the logo of Foxconn, the trading name of Hon Hai Precision Industry, in Taipei, Taiwan March 30, 2018. (Photo: Reuters/Tyrone Siu) |
The plant at the Dong Mai Industrial Park, whose construction started in September last year by the Chinese Taiwan-based company, is expected to produce 20,000 screens this year for exports, the government news site reported.
Next year, it will produce a million screens and television sets worth 250 million USD for exports, and this will rise to 1 billion USD in future.
Foxconn, a major assembler of Apple products, including the iPhone, and the world's largest contract manufacturer, came to Vietnam in 2007, and has been operating mainly in northern provinces, making computers and other electronic products and car parts. It has said Vietnam is its largest manufacturing hub in Southeast Asia. Its exports from Vietnam this year is expected to double to 6 billion USD.