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Samsung To Invest $560 Million In Vietnam Tv Production Plant

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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A man walks out of Samsung Electronics' headquarters in SeoulSEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd said on Wednesday that it will invest $560 million to build a consumer appliances production complex in Vietnam, its latest move to build manufacturing capacity in the country. Samsung, the world's largest TV maker, said in a statement the new 700,000 square meter complex will mainly produce televisions. Samsung has been investing heavily in production facilities in Vietnam across business segments including smartphones in a bid to lower production costs. ...




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