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$1B park in Vietnam next up for Foxconn.


HANOI -- Foxconn (foxconn.com), the world's largest contract manufacturer, will invest up to $1 billion toward a large industrial park in Vietnam, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 published reports.

"Vietnam has become a very efficient country for production and it will become a major production area for us outside of China," Hon Hon abbr (= honourable, honorary) → en títulos  Hai spokesman Edmund Ding told Reuters Reuters

British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858.
.

Previous reports indicated the company plans a massive (50 hectacre) park where it would build computer, communications and consumer electronics.

The Commercial Times quoted company spokesman Edmund Ding as saying chairman Terry Guo decided to look into Vietnam after going there himself on a business trip late last year.

Vietnam is becoming an attractive spot for locating production(circuitsassembly.com/cms/content/view/3860/95/). Taiwan's leading telecom company, Chunghwa Telecom Not to be confused with China Telecom.

Chunghwa Telecom (Traditional Chinese: 中華電信; Hanyu Pinyin:
 Co. Ltd., reportedly studying the nation as well.
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Title Annotation:Industry NEWS
Comment:$1B park in Vietnam next up for Foxconn.(Industry NEWS)
Author:Buetow, Mike
Publication:Circuits Assembly
Date:Feb 1, 2007
Words:134
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