December 1, 2023

Luxshare, the corporate that provides Apple’s AirPods and Imaginative and prescient Professional, is spending an extra $330 million to broaden its Vietnam plant.

Based on AppleInsider the most recent funding brings Luxshare’s whole funding to $504 million.

Luxshare has change into more and more necessary to Apple, profitable the fitting to supply the corporate’s Imaginative and prescient Professional spatial laptop.

The elevated funding can be an enormous win for Vietnam at a time when the nation is making an attempt to woo tech corporations and persuade them to carry their manufacturing to the nation. Such efforts have picked up steam as corporations are in search of options to China’s manufacturing complicated.