Taiwanese Apple partner Pegatron to set up production in Vietnam, as companies move to diversify from China
- Taipei-listed Pegatron is said to have plans to set up production facilities in Vietnam, where it will make styluses for Samsung Electronics’s smartphones
- An almost two-year-long trade war has pushed companies to seek alternatives to China to escape US tariffs
Taiwan’s Pegatron plans to set up production facilities in Vietnam, becoming the latest Apple assembly partner to establish a presence in the Southeast Asian nation as they diversify beyond China, according to people familiar with the matter.
Taipei-listed Pegatron is looking for a site to build a brand new facility in the north of the country, according to people familiar with the matter who asked not to be identified discussing private plans. It already has rented a separate facility in the northern city of Haiphong, they said. Pegatron will make styluses for Samsung Electronics’s smartphones there, one of the people said.
Vietnam has been a top beneficiary from tariff-related trade diversions. Indonesia has also gained, including garnering investment from Pegatron.