Shortage of labor is a serious investment of Hon Hai factory in Vietnam to be reset - Hon Hai, Foxconn phone - HC Network Appliance Industry-hc360

China Suppliers





2 2 AP China Taiwan, according to media reports, the Hon Hai Group Chairman Terry Gou started "Ten years at the helm" plan, due to China's serious shortage of workers,


Electronic shearling leather coat


Hon Hai Precision intends to restart one brother women church suits


Vietnam


Investment plans, but also to further consider expanding on the original


Sony


Mexican plant investment plans.





Hon Hai said that the investment for Vietnam, the company step by step manner, and to assess the most favorable point increase in investment.





In past two years plans to invest in Vietnam's Hon Hai, China's shortage of workers because of the problem, the internal active consideration to speed up investment in Vietnam; As with the Troop's Compal Electronics, in the last year decided to concentrate firepower in Kunshan, Nanjing and Xiamen three places to invest in Vietnam plant is temporarily shut down.





Finance


After the tsunami, the Chinese have become more significant shortage of labor is the trend, lack of workers ranging from the first expansion to the Pearl River Delta Yangtze River Delta area, and rising labor wages, labor wastage; industry pointed out that Hon Hai by the early west , lack of work in the electronic manufacturers in the impact of the minimum, but for the sake of proactive, multi-


Home Appliances


Sub-manufacturers, the internal one after another restart Vietnam investment considerations.





Hon Hai in 2007 had announced that it will hit 5 billion U.S. dollars (about NT 1,650 billion) investment in Vietnam, the base including Yongfu, Bac Ninh and other places, at that time in northern Vinh Phuc province and Vietnam signed an investment memorandum, expects to invest more than 1.1 billion U.S. dollars, the local expansion of production base; but in August last year, the drastic devaluation of VND, and nearby facilities failed to supply water and electricity, resulting in slower pace of Hon Hai investment in Vietnam.





In addition, Hon Hai's


Mobile


Foxconn factory in the provincial government last year granted permission Yongfu, announced that it would cost 200 million U.S. dollars, the construction of Vinh Phuc province in northern Vietnam mobile phone factory, cell phone plans cell phone factory production capacity per year up to 8,900 million handsets, but the progress is not fast. Industry pointed out that Vietnam has sufficient workers, the electronic manufacturers to regain favor.





As Compal plans in 2007 to set up factories in Vietnam, risk diversification, the currently selected in the North Vietnam's Vinh Phuc province, the local factories are Hon Hai, Compal has also called for about 50 components plants to the Vietnam factories, like the local construction NB similar to the mainland's central supply chain.





However, as in Vietnam last year's unstable economic environment, coupled with the earthquake in Sichuan after the earthquake risk for a number of electronic structure of plant re-design, production time within the foreseeable future.