Apple shores up Vietnam supply chain


Source: timesofnews.com timesofnews.com

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June 19, 2021 – > Apple suppliers in Vietnam, already on the increase since the US-China trade war kicked off, are continuing to bulk up operations here with added funding and heightened relocation efforts. Pegatron, a major Apple manufacturer with facilities across the globe, last Monday got the nod from Taiwanese leaders to inject an additional $101 million into Vietnam. The group had already announced plans to invest up to $1 billion into the country. The Taiwanese company will fund three high-tech production factories in the northern port city of Hai Phong. Pegatron secured an investment certificate for the $19...