May 28, 2023
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iPhone screen supplier BOE spends $400 million to build production line in Vietnam

The Vietnamese newspaper “VNExpress” recently reported that Apple’s screen panel supplier BOE is planning to purchase about 100 hectares of land in the north of the local area, which will be used to build a factory for the production of OLED display panels. The report mentioned that BOE’s current project involves an investment of up to US$400 million, of which US$250 million will be used for the construction of the factory. The goal is to fully complete the project by 2025.

Since the epidemic has affected the supply of parts and product assembly, coupled with sensitive factors such as political relations, Apple plans to accelerate the relocation of some supply chains and production lines from China to Vietnam, India, Thailand and other places to reduce its dependence on China and reduce risk. According to the report, Foxconn and Luxshare Precision, which have their own factories in Vietnam and manufacture products such as MacBook and iPad for Apple, will expand in Vietnam according to Apple’s requirements.

Well-known analyst Ming-Chi Kuo pointed out that BOE has defeated its rival Samsung to supply screen panels for the iPhone 15 and iPhone 15 Plus to be launched in 2024. At that time, BOE will also ship a large number of high-end LTPO displays used in iPhones, making them expected to become the world’s largest screen panel supplier. business.

Source of information and pictures:macrumors Mewe page:

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Ewen Eagle

I am the founder of Urbantechstory, a Technology based blog. where you find all kinds of trending technology, gaming news, and much more.

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