Apple MacBook Maker to Build Plant in Vietnam, Finance Reports
(Bloomberg) -- Quanta Computer Inc., Apple’s major contract manufacturer for MacBooks, will set up a $120-million plant in Vietnam’s northern province of Nam Dinh, Vietnam Finance reported, citing information from a Friday signing ceremony between the company and the provincial government.
Most Read from Bloomberg
Tesla Drops Model Y Starting Price Below the Average US Vehicle
First Republic Bank to Weigh Up to $100 Billion in Asset Sales
The plant, covering 22.5 hectares of the My Thuan Industrial Park for the first phase, will be Taiwan-based Quanta’s ninth factory globally, according to a provincial government publication. The report didn’t provide details on when the plant will be completed.
Most Read from Bloomberg Businessweek
Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins
Carvana Was Built for Low Interest Rates. Can It Survive Its $8 Billion Debt?
Walmart Is Using AI to Negotiate the Best Price With Some Vendors
Fishing Boats Can’t Stop Running Over Undersea Internet Cables
©2023 Bloomberg L.P.