dads

Taiwan's Pegatron to invest $101 million more in Việt Nam

Created 10 June 2021
  • PDF
Editor Choice
dads
Share
(0 votes, average 0 out of 5)

Taiwanese Pegatron Corp, a major manufacturing partner of Apple, Microsoft and Sony, will add US$101 million to its investment in Việt Nam, reported Reuters.

Pegatron haedquater in Taipei. — Photo pegatroncorp.com

HÀ NỘI — Taiwanese Pegatron Corp, a major manufacturing partner of Apple, Microsoft and Sony, will add US$101 million to its investment in Việt Nam, reported Reuters.

The investment in Pegatron’s Việt Nam subsidiary would be for the production and sales of computers and peripheral equipment, communication equipment and electronic components, said the Taiwan Economy Ministry’s investment commission.

The Taiwanese company has given no further details and did not immediately respond to a request for comment by Reuters.

Previously, in September 2020, Pegatron was looking to invest $1 billion in three phases in production facilities in areas like computing, communications and consumer electronics in the country.

The company is best known as a major supplier to Apple, along with Taiwan's Foxconn and Wistron Corp. Pegatron is one of the three largest iPhone manufacturers in China and India.

In its 2020 annual report, Pegatron also mentioned continuing to expand its production facilities to Việt Nam and India to meet drastic changes in the supply chain. — VNS


Source: VNN

Maybe You Also Interesting :

» Việt Nam signs vaccine technology transfer contracts with Japan, US and Russia

Việt Nam has signed COVID-19 vaccine technology transfer contracts with Russia, the US, and Japan, said Nguyễn Ngô Quang, Deputy Director of the Health...

» Việt Nam expected to be third largest start-up ecosystem in SEA in 2022

Việt Nam will emerge as the third largest startup ecosystem in Southeast Asia next year, said in “The Southeast Asia Ecosystem 2.0”, a new report by...

» Taiwan extends special visa program for Vietnamese tourist groups

Taiwanese authorities have agreed to extend a special visa program for high-end tour groups from six countries, including Vietnam until the end of 2022.