Apple and Samsung smartphone display supplier expand production capacity in Vietnam
Wednesday, January 11, 2023 14:52
BOE, the Chinese language tech group that gives each Apple and SAMSUNGIt’s making ready to determine two new factories in Vietnam.
In accordance with Reuters, the sensible show firm plans to take a position as much as £330m ($400m) in its enlargement.
It needs to lease as much as 100 hectares of land within the northern area, 80 % of which will likely be used for display manufacturing and the remainder for distant management techniques.
BOE presently has a small manufacturing facility in southern Vietnam that provides tv screens to Samsung and LG.
The tech agency plans to make natural light-emitting diodes (OLED) shows as a substitute of much less superior liquid crystal shows (LCDs) in new services. Apple’s newest iPhones use OLED shows.
These newest revelations come from two inner sources who wish to stay unknown because of the confidential nature of the negotiations.
In accordance with TF Worldwide Securities analyst Kuo Ming-Chi, BOE might attain the highest spot on Apple’s listing of show suppliers by 2024, surpassing Samsung Electronics.
US tech big Apple is attempting to distance itself from Chinese language provide chains amid the threats of China’s COVID-19 containment coverage and ongoing tensions with Taiwan.
BOE and Apple have been contacted for remark.
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