Shunsin, a subsidiary of Foxconn, plans to invest US$80 million to produce integrated circuits in northern Vietnam.

The plans were disclosed in a document from Vietnam’s environment ministry.

The facility is set to be built in Bac Giang province. It will focus on manufacturing electronic components, especially integrated circuit boards.

Shunsin aims to reach full operational capacity by December 2026, with an annual output target of 4.5 million units.

Recent Foxconn developments

Timeline
08-Oct-2024 🖥️ Foxconn to unveil giant Nvidia chip plant in Mexico Foxconn to build Nvidia GB200 superchip plant in Mexico Investment exceeds $500 million in Chihuahua facility
06-Oct-2024 📈 Foxconn reports $57.3b record Q3 revenue driven by AI boom Foxconn’s Q3 revenue hits $57.3B, up 20.2% Strong demand for AI servers boosts sales significantly
02-Oct-2024 🔌 Foxconn’s annual forum to feature Nvidia, Google execs Foxconn’s tech day to feature Nvidia, Google, BMW New EV models and AI discussions expected at event
28-Nov-2023 💼 Foxconn to invest $1.5b in India as part of expansion plan Foxconn to invest over $1.5B in India Plans to double workforce by 2024
24-Nov-2023 🗳️ Foxconn founder Terry Gou withdraws from Taiwan’s presidential race

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