Samsung Electronics’ display unit considers building Vietnam factory | Reuters
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`Technology | Tue Jun 17, 2014 7:27am EDT
`
`Related: TECH
`
`Samsung Electronics’ display unit considers building
`Vietnam factory
`
`SEOUL
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`Our top photos from the past week. Slideshow »
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`An employee of Samsung Electronics walks past the company main office in Seoul in this April 6, 2010 file photo.
`REUTERS/LEE JAE-WON
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`A unit of South Korea’s Samsung Electronics said on Tuesday that it was in talks with the
`Vietnam government over building a factory to make display modules for mobile phones.
`
`Samsung Electronics, a close rival to Apple Inc, is ramping up production in low-cost
`Vietnam, amid an intensifying price war in the smartphone market.
`
`South Korea’s Yonhap News Agency said Samsung Display was considering an
`investment of $1 billion to build the plant by 2020.
`
`A Samsung Display spokesman declined to comment on the size of the investment.
`
`He said the company was considering building the factory in Bac Ninh province, where
`Samsung Electronics already has mobile phone production facilities.
`
`(Reporting by Hyunjoo Jin; Editing by Erica Billingham)
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