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Buzz: Taiwan's Compal to relocate plants to Vietnam

Posted: 20 Feb 2008 ?? ?Print Version ?Bookmark and Share

Keywords:Vietnam? plants relocate? Compal?

Reports are circulating that Taiwan's Compal Electronics Inc. is preparing to move its production lines from China to Vietnam to take advantage of the new labor laws and tax incentives in the latter. Without naming sources, the Commercial Times reported that Compal will commence a test run of its Vietnam plant in Q4 before mass production in Q1 09. Plans originally called for volume production to begin in 2010. The Vietnam facilities will reportedly churn out 500,000 notebook computers per month in 2009, with annual capacity hitting 25 million units by 2014.

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