Vietnam may become iPad production hub for Foxconn
By MYBRANDBOOK
Foxconn, Apple’s largest Taiwanese contract manufacturer is eyeing to shift some production of iPad and MacBook products to Vietnam and lessen the tech giant's exposure to the China-U.S. trade war.
A person familiar with the matter was heard saying that Foxconn is constructing assembly plants for the Apple iPad and MacBook in Bac Giang province, northeast of Hanoi. The source stated the new lines will take some production from China when they open in 2021.
The source specified the shift "was requested by Apple." They added the reason for the relocation is the tech giant "wants to diversify production following the trade war."
Foxconn recently announced it will be investing US$270 million to create a new subsidiary called FuKang Technology Co Ltd. This new subsidiary will play a part in the new production facilities in Vietnam, the sources said.
Meanwhile, Apple is also making a major push for India as well, with Taiwan's Foxconn, Pegatron, and Wistron all shifting segments of the company's production to the southern Asian country. Foxconn has invested $40 billion INR (US$542 million), Wistron has injected $13 billion INR, and Pegatron has allocated $10.9 billion INR for new factories in India.
As the Wuhan coronavirus raged China in February, Apple reportedly shifted production of AirPods Pro Lite, iPads, and Apple Watches from China to Taiwan. However, in May, reports surfaced that assembly of AirPods had been shifted to Vietnam.
BREAKING NEWS
TECHNO TRENDS
Happiest Minds brings in an innovative GenAI chatbot
Happiest Minds Technologies has announced the new GenAI chatbot - ‘hAPPI...
Government mandates encryption for CCTV cameras to ensure netw
In the wake of issuing an internal advisory on securing CCTV cameras at g...
TRAI recommends allowing only Indian entities to participate i
The Telecom Regulatory Authority of India (TRAI) has recommended that onl...
Galaxy AI is available on more devices with Samsung One UI 6.1
Samsung has expanded the range of smartphones to which One UI 6.1 and Gala...
E-Magazine
TECHNOTAINMENT
Disney+ Hotstar wins the Best OTT Platform of the year
Film Critics Guild and Group M Motion Entertainment, in collaboration with
Miss World 2024: Krystyna Pyszková of the Czech Republic wins
Krystyna Pyszková of the Czech Republic has been crowned as the 71st Miss
MOVERS & SHAKERS
Brillio appoints Ashish Singh to its Board of Directors
Brillio has announced that Ashish Singh has been appointed to the company
JSW One Platforms ropes in Dr Ranjan Pai as Independent Direct
JSW One Platforms, part of US$23 billion JSW Group has appointed Dr Ranjan
OPEN YOUR EYES
INTERVIEWS
India continues to be a key contributor in Hitachi Vantara’s
The brand strategy of Hitachi Vantara is tied to further expanding the Hita
Committed to follow future roadmap with 'Make-in-India' 2.0 Vi
As technology advances, AI is used in increasingly disparate ways to help a
HOT PICK
HP launches first laptop in India with Microsoft CoPilot butto
HP has launched sleek and stylish Envy x360 14 laptops in India which beco
OnePlus debut its Nord CE4 smartphone
OnePlus Nord CE4 continues the trend of attention-grabbing design with two
MAKE IN INDIA BRANDS
TAC SECURITY SOLUTIONS
NETWEB TECHNOLOGIES INDIA LTD.
DELL TECHNOLOGIES INDIA PVT. LTD.
EXIDE INDUSTRIES LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: Mukesh D. Ambani
An Indian billionaire businessman Mukesh Dhirubhai Ambani is currently...
Technology Icons Of India 2023: Ritesh Agarwal
Ritesh Agarwal Founder & CEO of OYO Hotels & Homes-World’s fastest g...
Technology Icons Of India 2023: Ajit Balakrishnan
The Company markets specific channels, community features, local langu...
PARTNER SPEAKERS
PSU
BSE provides highly secure, efficient and transparent market for trading
BSE (formerly known as Bombay Stock Exchange Ltd.) is Asia's first & t...
GSTN aims to integrate indirect tax ecosystem on a shared IT infrastructure
Goods and Services Tax Network (GSTN) has built Indirect Taxation plat...
GeM maintains transparency in online procurement of goods & services
Created in a record time of five months, Government eMarketplace is a ...
VIDEOS
Top 25 Brands
Value-Added Distribution
ADITYA INFOTECH LTD.
Aditya Infotech Ltd. (AIL) – the technology arm of Aditya Group, is ...
INFLOW TECHNOLOGIES PVT. LTD.
Inflow Technologies is a niche player in the IT Infrastructure Distrib...
NETPOLEON SOLUTIONS
Netpoleon Group is a Value-Added Distributor (VAD) of Network Security...
ITFORUM 2024
WIITF 2024
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
