In a statement the Vietnamese government said, Foxconn had commenced constructing a factory in the northern part of the country, to produce displays. The factory was scheduled to commence production after a year, said the Vietnamese government. Foxconn’s $26-million factory in Quang Ninh province has now produced its first batch of displays, said the government…
South Korea’s Samsung Display, a supplier for Samsung Electronics and Apple Inc, has requested Vietnam to exempt 700 South Korean engineers from its mandatory quarantine requirement saying they are needed to prepare for the production of screens for new smartphones. South Korea is Vietnam’s biggest foreign investor. In an effort to contain the outbreak of…
The material, EUV photoresists, is crucial for chip production. On Thursday, South Korean Prime Minister Lee Nak-yon stated, Japan has approved the export of a high-tech material to South Korea. This is the first such export since Japan tightened the exports of high-tech materials used in the making of displays and chips. Japan has approved…
Japan Display, which depends on Apple Inc for the bulk of its revenues, has secured a funding bailout. The development was not announced earlier. On Friday, in a significant development Japan Display Inc stated, a group of investors led by China’s Harvest Group, an investment firm, had provided $738 million (80 billion yen) in funding…
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