Apple's leading partner invests $100 million project in Nghe An

The Southeast Economic Zone Management Board has just granted an Investment Registration Certificate to investor Foxconn Interconnect Technology Singapore PTE.LTD (Foxconn Group) to implement the Fu Wing Interconnect Technology Co., Ltd. (Nghe An) project.

Accordingly, Foxconn will invest in the project at WHA Industrial Zone 1 - Nghe An on an area of ​​about 48 hectares. The total investment capital of the project is 100 million USD. The company specializes in manufacturing wireless headphones, connecting wires, wireless chargers, speakers, and connectors.

WHA Industrial Zone 1 - Nghe An - where Foxconn Group invested in the project. Photo: WHA Industrial Zone

According to the Investment Registration Certificate, from June 2023 to June 2024, Foxconn will complete the construction of the factory and auxiliary works of the project. From July 2024 to October 2024, Foxconn will import equipment and conduct trial operation and technical calibration.

By November 2024, the factory will officially go into production with a design capacity of nearly 400 million connecting wires/year; more than 94 million wireless chargers/year; nearly 10 million wireless headphones/year; more than 244 million speakers/year and over 627 million connectors/year...

Foxconn is a multinational corporation founded in 1974 with headquarters in Taiwan (China). After many years of development, to this day, Foxconn has become the world's largest electronics manufacturer and is Apple's leading manufacturing partner.

Foxconn's main job is to assemble and manufacture electronic products for large companies in the US, Canada, China... Among the products manufactured, the most prominent are Iphone, Ipad and Ipod (Apple), Kindle (Amazon), PlayStation (Sony)... In 2018, Foxconn produced more than half of the mobile phones worldwide.

Foxconn factory in Quang Chau Industrial Park, Bac Giang.

Besides assembling and manufacturing electronic products, Foxconn also provides many technological solutions, researching fields such as AI, electronic healthcare, devices running on 5G and 6G platforms...

In Vietnam, Foxconn has invested in building a series of factories such as: Fukang Technology, Fuyu (Bac Giang) and Competition Team Technology Vietnam (Quang Ninh) to produce household electronic devices.

In addition, this group also participates in developing industrial park infrastructure with projects such as Van Trung Industrial Park (Bac Giang) and Binh Xuyen 2 Industrial Park (Vinh Phuc).