Chinese display BOE Technology Group Co Ltd maker, supplier of Apple Inc and Samsung Electronics Co Ltd, plans To invest a large sum of money build manufacturers in Vietnam two people familiar with He said it.
It is permissible to invest total up to 400 million dollars, one of they told them.
Plan confirms efforts technology Companies led by the American company Apple for the manufacture of iPhone and Taiwanese device Foxconn aggregator to reduce supply chain exposure to China Central trade and geopolitical tension between Beijing and Washington, disrupting production caused Through China’s COVID-19 containment measures.
The Bank of England is in Rental talks scores of Hectare of Earth in north Vietnam to add relatively small Factory in South which supplies most of the TV screens for Samsung and LG Electronics Inc in South Korea, and people He said, declining To be determined as confidential negotiations.
Bank of England declined to comment.
North Vietnam has in Last few years, attracted Great investment in electronics giantsto become a central hub for output of Smartphones, computers, and cameras, including major commodities from Apple and Samsung.
Hon Hai Precision Industry Co Ltd (Foxconn) and Luxshare Precision Industry in China also Manufacture or plan to assemble various Apple products in the arealike laptop And tablet Computers.
Bank of England plans For Rent up to 100 hectares and use 20% for plant making remote control systems for $150 million one of the people He said.
The rest will be for Displays , with The Bank of England spent $250 million on build Plant on 50 hectares while the suppliers use The remaining 30 hectares, all by 2025, the person said.
Bank of England plans to make up more Advanced organic light OLED screens are on site instead of liquid crystal displays (LCDs), the person said.
Apple, which included BOE in in 2021 list of Manufacturing partners, uses OLED screens for It latest iPhone smartphones.
largest china display Output maker is set to become the largest supplier of Displays for new iPhones by 2024, analyst Kuo Ming-chi signs at TF International Securities last week.
United State tech gigantic, however, plans to start industry mobile screens in-house by next yearreported Bloomberg on Wednesday.
an Apple declined to comment.
The person said that the BoE’s plan in Vietnam is not specifically intended to supply Apple.
The customer is Samsung, the world’s largest smartphone maker half of its devices in Vietnam, while LG has a large operation in country and plans new investments.
