Posted on 09/08/08
Sanyo taps Vietnam as it ramps up output
Japan's Sanyo Electric Co. said yesterday its subsidiary in Vietnam will build a new plant and hire up to 12,000 workers as it steps up production of optical pickups for DVD recorders and other devices. Construction of the factory in Bac Giang Province will begin in September, with operations expected to start in April next year, a company statement said. "We expect the total investment in the new firm to be around $95-million [U.S.
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