China will not be Sharp’s place of manufacturing LCD screens for
cars sold in the US, this stage will be transferred to Vietnam. Sharp is going
to set up factory in Vietnam.
According to
Sharp, they will build a new factory in Vietnam to avoid the new tax imposed in
the long-running US – China trade war.
The factory in
Vietnam will assemble LCD screens for cars sold in the US. At the same time,
about 10% of Dynabook’s production of personal computers can also be
transferred from China to the new facility.
Sharp has not
disclosed the investment amount to build a new factory but said it will operate
in 2020 near Ho Chi Minh City. At the same time, Sharp will establish a
subsidiary company with a capital of 25 million USD to operate the plant. In
addition to LCD screens, this factory will also produce air conditioners and
other electronic devices for sale in Vietnam.
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