HANOI (Reuters) – Apple supplier Quanta Computer plans to set up a factory in northern Vietnam, the Vietnamese government said.
The company, a contract maker of MacBooks, signed a deal on Friday with authorities in Nam Dinh province, 90 km (56 miles) south of Hanoi, to build the facility in an industrial park there, it said. say the government in a statement Friday afternoon. .
The facility, which would be Quanta’s ninth factory worldwide, would initially occupy an area of 22.5 hectares, according to the statement, without giving its capacity or a deadline for construction.
Local media said on Saturday that Quanta would invest $120 million in the factory.
(Reporting by Khanh Vu; Editing by Kim Coghill)