Focus Taiwan
Date: 2019/06/25
By Chung Jung-feng and Frances Huang

Taipei, June 25 (CNA) Taiwan-based manufacturing giant Hon Hai Precision Industry Co. is studying the feasibility of setting up a production site in Vietnam to roll out TV screens, according to the Saigon Times.

In a report dated Monday, the Vietnamese newspaper said Hon Hai, also known as Foxconn in the global market, is mulling a plan to build a TV screen assembly plant in Quang Ninh province in northern Vietnam.

Hon Hai is expected to invest US$40 million in the initial phase of the new TV screen plant, to be built in the Dong Mai Industrial Park in Quang Yen Town, according to the report.

The report cited Harry Zhuo (卓憲宏), general director of Foxconn Vietnam, as saying the initial phase of the project is expected to create about 3,000 new jobs in Vietnam.    [FULL  STORY]