Samsung Electronics' Display Unit Considers Building Vietnam Factory

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Samsung Electronics' Display Unit Considers Building Vietnam Factory

by Wochit 0:44 mins

Samsung Electronics' Display Unit Considers Building Vietnam Factory

by Wochit 0:44 mins

A unit of South Korea's Samsung Electronics said on Tuesday that it was in talks with the Vietnam government, over building a factory to make display modules for mobile phones. Samsung Electronics, a close rival to Apple Incorporated, is ramping up production in low-cost Vietnam, amid an intensifying price war in the smartphone market. South Korea's Yonhap News Agency said Samsung Display was considering an investment of $1 billion to build the plant by 2020.

Wochit

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