Foxconn Singapore Pte Ltd are a unit of Taiwanese electronics giant Foxconn, with their two factories set to be located in Song Khoai Industrial Park in Quang Yen City, 138 kilometres to the east of Hanoi.
Covering an area of 6.3 hectares, the first factory has a total registered investment capital of over USD200.24 million and focuses on the production of components for electric vehicles.
The factory would be put into operation in January 2025, creating jobs for nearly 1,200 workers.
The remaining plant covers an area of 4.1 hectares and has a registered capital of USD46 million, specialising in the production of electronics and telecommunication components.
Its production is set to begin in October 2024 and would generate jobs for over 700 workers.
The new projects took its total investment in Quang Ninh to about USD300 million.
Foxconn, a major assembler of Apple products, including the iPhone, first came to Vietnam in 2007.
