"Vietnam has done well in attracting manufacturers looking to reduce the dependency on China amid the US-China trade war. Its export incentives are favorable, and labor costs are low. But working with Apple demands a different set of criteria which involve not just investments but also the ability to scale with utmost quality. This is something which comes with experience, and very few suppliers will be able to pull it off. Foxconn has recently acquired land use rights in Vietnam which is an indication of a possible future iPhone assembling in Vietnam" - Tarun Pathak
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Aug 6, 2019
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