Foxconn Continues Expanding in Vietnam with Two New Projects

Foxconn Continues Expanding in Vietnam with Two New Projects

In July 2023, the Provincial People’s Committee of Quang Ninh Province authorized two Foxconn projects worth more than USD 246 million. The two manufacturing facilities, namely the Foxconn Quang Ninh FMMV factory and the FECV Foxconn Quang Ning factory, will be...
LG Electronics Establishes First Global R&D Center in Indonesia

LG Electronics Establishes First Global R&D Center in Indonesia

In July 2023, LG Electronics Inc., the South Korean household appliance giant, launched its inaugural international research and development (R&D) center in Indonesia. The objective is to expedite TV manufacturing and sales across Asia. Situated in Cibitung, the...