Goertek was tapped by Apple as one of the major mainland suppliers of its mixed reality Vision Pro headset, which is set to launch in early February. The Vietnamese subsidiary is expected to be located in the Bac Ninh province, which has attracted investment from a raft of South Korean firms. — SCMP
Apple supplier Goertek said on Monday it would invest up to US$280mil (RM1.31bil) to establish a wholly-owned subsidiary in Vietnam to meet demands for “business expansion and long-term operation” in the South-East Asian nation, according to a corporate filing.
Goertek’s Vietnamese entity, which will manufacture consumer electronics products from AirPods and smartwatches to virtual reality and augmented reality gear, is a project that will meet both the Chinese assembler’s future development plan and client demand, it said in the filing to the Shenzhen Stock Exchange.
