Manufacturing News 20/11/2023, 03:01

Apple's Partner invests ddditional over 330 million USD in Bac Giang

Apple's assembly partner, Luxshare ICT, has just registered to increase its investment capital to 504 million USD in Bac Giang.

Apple's Partner invests ddditional over 330 million USD in Bac Giang

The Bac Giang Industrial Park Management Board has just issued the 10th adjusted investment registration certificate for the project to establish Luxshare ICT Vietnam Co., Ltd.

The total registered capital after adjustment is 504 million USD, an increase of 330 million USD, equivalent to more than 7,850 billion VND. Investment capital implementation progress is 12-24 months from the date of certificate issuance. This project is located in Quang Chau Industrial Park, Viet Yen district, with a scale of nearly 30 hectares. Once completed, the project will create jobs for thousands of workers in Bac Giang and neighboring localities.

This is a company belonging to Luxshare ICT Group (China), specializing in assembling products for Apple and some other technology companies. The company has been investing in Bac Giang since 2019. Besides the facility in Quang Chau Industrial Park, Luxshare ICT also has a factory in Van Trung Industrial Park, Viet Yen district.

With the newly registered capital increase, Luxshare ICT Vietnam is the FDI enterprise with the second-largest adjusted capital increase in the industrial capital of Bac Giang since the beginning of this year. Leading the way is JA Solar Vietnam Co., Ltd., with an increase of 378 million USD.

In recent months, Luxshare ICT Vietnam has also continuously announced the recruitment of thousands of workers for two factories in Bac Giang to serve production expansion plans.

VnExpress / Translator: Hoàng Trúc
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