Foxconn subsidiary seeks $80 mn Vietnam investment for integrated circuits

Taiwanese giant Foxconn’s subsidiary Shunsin is seeking a permit to invest $80 million in northern Vietnam to produce integrated circuits, according to a document from Vietnam’s environment ministry.

The proposed plant in Bac Giang province will focus on producing and processing electronic components, specifically integrated circuit boards, the document said.

Shunsin plans to begin operations at full-scale in December 2026, with annual capacity of 4.5 million units, the document added.