{"id":42464,"date":"2023-02-16T05:41:14","date_gmt":"2023-02-16T05:41:14","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/02\/16\/foxconn-splashes-out-62-5-million-to-expand-in-vietnam-the-register\/"},"modified":"2023-02-16T05:42:28","modified_gmt":"2023-02-16T05:42:28","slug":"foxconn-splashes-out-62-5-million-to-expand-in-vietnam-the-register","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/02\/16\/foxconn-splashes-out-62-5-million-to-expand-in-vietnam-the-register\/","title":{"rendered":"Foxconn splashes out $62.5 million to expand in Vietnam \u2022 The Register"},"content":{"rendered":"

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Electronics assembler for the celebs Foxconn has signed a $62.5 million lease on 45 hectares of land in an industrial park in Vietnam’s Bac Giang province, as tech manufacturing operations proceed to shift out of China.<\/p>\n

The data was revealed late on Tuesday in a filing<\/a> with the Taiwan Inventory Trade from the huge producer \u2013 also called Hon Hai Precision.<\/p>\n

The lease was issued to Foxconn subsidiary Fulian Precision and runs till February 5, 2057. The ability’s function is to satisfy “operational wants and increase manufacturing capability.”<\/p>\n

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