News : Samsung picks Vietnam for $3bn smartphone factory

on 10-11-2014 13:13
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on 10-11-2014 13:13
Excerpt from the link "Samsung Electronics has announced plans to spend up to $3bn (£1.8bn) to create a new smartphone factory in Vietnam."
"Experts say the combination of tax breaks and a relatively cheap workforce make the country an appealing base when compared with its northern neighbour."
My thoughts :
Awesome news for that country and let's hope it's not too "cheap labour" ?
Source : BBC News.
Read more here http://m.bbc.co.uk/news/technology-29985467

on 10-11-2014 15:46
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on 10-11-2014 15:46

on 10-11-2014 15:48
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on 10-11-2014 15:48
"The facility would operate alongside another $2bn plant the company already runs in the country, which began production in March."
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on 10-11-2014 15:50

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on 10-11-2014 17:39
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on 10-11-2014 17:39
@Anonymous wrote:
My note 4 was made in Vietnam so assumed they already had one there
Yes, this is the second plant
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