Foxconn’s subsidiary Shunsin to build $65 mln factory in Vietnam
Shunsin Technology (Vietnam) Company Limited, under Foxconn’s subsidiary Shunsin Technology, will soon build a factory in Vietnam, with a total cost not exceeding TWD2.11 billion ($65 million).
In a Monday filing with the Taiwan Stock Exchange (TWSE), Shunsin said the move aims to serve the firm medium and long-term production expansion and the diversification of its production bases.
A Foxconn factory in Bac Giang province, northern Vietnam. Photo courtesy of Bac Giang TV.
Other details of the move were not given in the filing.
Last month, in a environmental impact report, Shunsin said it would invest $80 million in Vietnam’s northern province of Bac Giang to produce integrated circuits (IC).
The project will cover 4.4 hectares in Quang Chau Industrial Park, a facility invested by Kinh Bac City (KBC) - a leading industrial park developer in Vietnam.
Shunsin Technology plans to complete administrative procedures and begin construction next month. It aims to install equipment in May 2026, start trial production in June 2026, and enter official operation from December 2026.
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