BYD acquires giant Jabil’s mobility business for $2.2 bln
Electric vehicle maker BYD’s electronics arm, which operates a Vietnam plant making products and components for Apple, has agreed to buy U.S.-based manufacturing firm Jabil’s mobility business in China for around $2.2 billion.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Foxconn acquires more land in Vietnam to add $100 mln
Apple’s biggest contractor Foxconn will add another $100 million to Vietnam as the Taiwanese electronic giant pushes ahead with efforts to shift more production away from mainland China as part of global supply chain diversification.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Made-in-Vietnam Apple products to rise significantly by 2025: JP Morgan
Vietnam will make 65% of tech giant Apple’s AirPods earphones, 5% of MacBook laptops, and 20% of iPad tablets and Apple Watch smart watches by 2025, says JP Morgan.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Made-in-Vietnam Xiaomi phones reach regional markets
Xiaomi smartphones made in Vietnam are already available in the Malaysian and Thai markets while Google is considering having its future Pixel phones produced in the country.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Xiaomi launches new budget phone a week earlier in Vietnam
Xiaomi’s budget device Poco C40 has hit the street in Vietnam’s red-hot phone market a week before its global launch on June 16.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Apple to reportedly shift iPad capacity to Vietnam over China lockdowns
For the first time, Apple is moving some iPad production out of China, shifting operations to Vietnam after strict Covid-19 lockdowns in and around Shanghai led to months of supply chain disruptions, Nikkei Asia reported.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB
