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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