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Vietnam, one of most promising players on global semiconductor landscape

Vietnam, one of most promising players on global semiconductor landscape

Amid growing global demand, fragile supply chains and intensifying geopolitical conflicts, Vietnam is rapidly emerging as one of the most promising players in the global semiconductor landscape.
China’s UBTech to launch $20,000 ‘home companion’ robot rivaling Tesla Optimus

China’s UBTech to launch $20,000 ‘home companion’ robot rivaling Tesla Optimus

US tech giants hit hard as Trump’s new tariffs target Asian supply chains

US tech giants hit hard as Trump’s new tariffs target Asian supply chains

World's largest contract electronics maker Foxconn sees server revenue surpassing iPhone revenue in 2 years

World's largest contract electronics maker Foxconn sees server revenue surpassing iPhone revenue in 2 years

Taiwan's Foxconn, the world's largest contract electronics maker and Apple's main iPhone maker, expects its server revenue to surpass its revenue from iPhones within two years, Taiwan’s Central News Agency reported.
March 20, 2025 | 02:08 am PT
Nokia to deploy 5G equipment in Vietnam this year

Nokia to deploy 5G equipment in Vietnam this year

Nokia has signed an agreement with a Vietnamese telecom firm to install its 5G equipment in 2,500 locations across 22 provinces this year.
September 25, 2024 | 01:33 am PT
Why global tech giants consider Vietnam but choose to invest elsewhere

Why global tech giants consider Vietnam but choose to invest elsewhere

Vietnam’s refusal to subsidize the global minimum tax companies have to pay is causing many large foreign investors to go elsewhere, according to the Ministry of Planning and Investment.
July 6, 2024 | 04:22 am PT
Foxconn gets license to invest $551M more in Vietnam

Foxconn gets license to invest $551M more in Vietnam

Foxconn Singapore has been awarded a license to invest $551 million in two projects to produce smart entertainment products and smart-system equipment in Vietnam's northern Quang Ninh Province.
July 5, 2024 | 01:00 am PT
Vietnam will not experience power shortage, PM tells global investors

Vietnam will not experience power shortage, PM tells global investors

Vietnam will not suffer power shortage this year despite an expected 15% rise in consumption, Prime Minister Pham Minh Chinh told foreign investors at the ongoing World Economic Forum (WEF).
June 26, 2024 | 01:20 am PT
Nokia to produce 5G equipment in northern Vietnam

Nokia to produce 5G equipment in northern Vietnam

Finish telecom giant Nokia has selected Foxconn Bac Giang in northern Vietnam as the producer of its new 5G equipment to serve both domestic and international needs.
June 12, 2024 | 05:14 am PT
Vietnam Electricity denies telling foreign companies to cut power use by 30%

Vietnam Electricity denies telling foreign companies to cut power use by 30%

Vietnam Electricity has refuted a media report that it has told foreign-owned companies in the north to cut electricity use by 30% this summer.
May 22, 2024 | 08:56 pm PT
Foxconn reiterates Q2 revenue to grow, posts record April sales

Foxconn reiterates Q2 revenue to grow, posts record April sales

Taiwan's Foxconn, the world's largest contract electronics maker and the biggest assembler of Apple's iPhone, reiterated on Sunday it expected a rise in second-quarter revenue, and reported record sales for the month of April.
May 5, 2024 | 09:07 pm PT
Apple’s iPhone production shift leaves ghost town in China

Apple’s iPhone production shift leaves ghost town in China

Apple supplier Foxconn’s industrial park in Nanning, Guangxi, has been deserted, heavily impacting the local economy, as production of the iPhone is being moved away from China.
May 5, 2024 | 06:22 pm PT
Apple suppliers need 103,000 workers in Vietnam this year

Apple suppliers need 103,000 workers in Vietnam this year

U.S. tech giant Apple’s contract manufacturers in Vietnam plan to hire over 103,000 workers this year, mostly for their factories in northern Bac Giang Province.
February 20, 2024 | 09:25 pm PT
Foxconn faces tax audit, land use probe: Chinese state media

Foxconn faces tax audit, land use probe: Chinese state media

Foxconn Technology Group, Apple Inc's largest supplier of iPhones, has been subjected to tax audits at some of its key subsidiaries, suspected of violating laws and regulations, Chinese state media reported on Sunday.
October 21, 2023 | 08:38 pm PT
Industrial park housing Apple suppliers to be expanded

Industrial park housing Apple suppliers to be expanded

Authorities of the northern province of Bac Giang have approved a detailed plan to expand its biggest industrial park Quang Chau by 21%.
July 21, 2023 | 04:35 pm PT
Foxconn to invest $250M to make EV, telecom parts in Vietnam

Foxconn to invest $250M to make EV, telecom parts in Vietnam

Foxconn (2354.TW) is set to invest about $250 million in two new projects in Vietnam, including for the production of components for electric vehicles (EVs), the world's largest contract electronics assembler and local authorities said on Friday.
June 30, 2023 | 03:00 pm PT
Foxconn sees AI driving strong server demand, but full year to be flat

Foxconn sees AI driving strong server demand, but full year to be flat

Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes.
May 31, 2023 | 01:17 am PT
Vietnam to become one of Apple's main manufacturing hubs

Vietnam to become one of Apple's main manufacturing hubs

India, Vietnam and Brazil could account for as much as 30% of Apple supplier’s Foxconn production in upcoming years as Apple seeks to diversify its supply chain out of China.
December 20, 2022 | 07:32 pm PT
Taiwan to fine Foxconn for unauthorised China investment

Taiwan to fine Foxconn for unauthorised China investment

Taiwan's government said on Saturday it would fine Foxconn, the world's largest contract electronics maker, for an unauthorised investment in a Chinese chip maker even after the Taiwanese firm said it would be selling the stake.
December 17, 2022 | 06:04 pm PT
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