The Vinh Phuc Investment Promotion Agency announced on July 8 that Compal Electronics, a Taiwanese electronic product manufacturer, wants to resume its investment in the province.
Compal said it plans to build a factory producing smartphones, tablets and electronic parts for automobiles to replace its original project that produced laptops.
The factory will go into production within this year, the company confirmed.
In 2007, Compal was granted licences to develop infrastructure of the Ba Thien Industrial Park with a capital investment of 76.59 million USD and a 500-million USD laptop manufacturing factory with a capacity of 24 million units per year. However, neither two project was implemented as intended.-VNA
Compal said it plans to build a factory producing smartphones, tablets and electronic parts for automobiles to replace its original project that produced laptops.
The factory will go into production within this year, the company confirmed.
In 2007, Compal was granted licences to develop infrastructure of the Ba Thien Industrial Park with a capital investment of 76.59 million USD and a 500-million USD laptop manufacturing factory with a capacity of 24 million units per year. However, neither two project was implemented as intended.-VNA
