Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Vietnam, two people familiar with the matter said. BOE is in talks to rent dozens of hectares of land in north Vietnam to add to its relatively small plant in the south that supplies mostly television screens to South Korea's Samsung and LG Electronics Inc, the people said, declining to be identified as negotiations were confidential. Northern Vietnam has in recent years attracted significant investment from electronics giants, becoming a major hub for the production of smartphones, computers and cameras, including flagship goods from Apple and Samsung.
(Bloomberg) -- Apple Inc. is exploring new sources of the memory chips that go into iPhones, including its first Chinese producer of the critical component, after a disruption at a key Japanese partner exposed the risks to its global supply.Most Read from BloombergA 30-Year-Old Crypto Billionaire Wants to Give His Fortune AwayElon Musk Takes 9.2% Stake in Twitter After Hinting at Shake-UpUkraine Update: Zelenskiy to Address UN Body; China Holds TalksU.S. Drones for Ukraine Will Include Latest Ta