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Taiwan’s Foxconn opens display manufacturing factory in Vietnam

FILE PHOTO: A motorcyclist rides past the logo of Foxconn, the trading name of Hon Hai Precision Industry, in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu

HANOI (Reuters) – Taiwan’s Foxconn has opened a factory in northern Vietnam to produce displays after one year of construction, the Vietnamese government said on Wednesday.

The $26-million factory in Quang Ninh province produced its first batch of products on Tuesday, the government said in a statement.

The plant will produce 20,000 display screens this year, the government added.

Reporting by Khanh Vu; Editing by Kim Coghill

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