CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / News
Japan’s Sharp to build automotive LCD plant for US market in Vietnam
Ngoc Thuy 16:24, 2019/08/02
Along with the US-bound car display screens, which will incorporate LCD panels made in Japan, the plant will make air purifiers and other electronics for sale in Vietnam.
Japan’s electronics giant Sharp announced it has scrapped plans to produce displays for the US market in China and will instead build a new plant in Vietnam, due to uncertainties surrounding the ongoing US – China trade war, Nikkei Asian Review reported. 
 
Illustrative photo.
Illustrative photo.
The Vietnam factory will assemble automotive liquid crystal displays to be sold in the US. Some personal computer production of subsidiary Dynabook may shift to the new facility as well.

Sharp made the announcement shortly after US-China trade talks in Shanghai this week appeared to yield little progress. 

Later the same day, US President Donald Trump announced a new round of tariffs on Chinese imports beginning September 1. LCD imports will be on the goods affected.

Sharp did not disclose the investment amount to build the factory, set to begin operating in fiscal 2020 near Ho Chi Minh City.

Along with the US-bound car display screens, which will incorporate LCD panels made in Japan, the plant will make air purifiers and other electronics for sale in Vietnam.

China accounts for nearly all of Dynabook's PC output at present, chiefly at facilities in Hangzhou. About 10% of this is shipped to the US -- work that may shift to Vietnam.

​Sharp, which supplies parts for Apple's iPhones, has suffered from the slowdown in sales for the US smartphone juggernaut, as well as from slumping TV sales in markets such as China. But the company's business with Apple appears headed for a recovery this quarter, and home appliance sales likewise look strong, leading Sharp to maintain its outlook for the year through March 2020.
Comments
Other news
18:03, 2025/02/22
Vietnam attracts South Korean tech investment at SEMICON Korea 2025
The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.
16:46, 2025/02/20
Swedish group plans US$1 billion investment in Binh Dinh recycling plant
By creating a large number of jobs and promoting a green economy, the initiative is important in establishing Vietnam as a global hub for the circular textile sector.
10:52, 2025/02/13
Samsung plans to invest in AI, semiconductors in Vietnam
Vietnam will continue improving its investment environment and driving strategic breakthroughs in order to usher in a new era of economic development.
17:20, 2025/02/07
Vietnam's data center construction costs among the lowest in Asia Pacific
The country has a lot of potential to become one of the most important data markets in the region.
21:05, 2025/02/03
Bright prospects for FDI inflows into Vietnam in 2025
Market size, growth potential, low labor costs, and stable political and social conditions continue to be Vietnam’s selling points in attracting foreign investors.
10:57, 2025/01/30
Foreign companies confirm investment expansion in Vietnam in 2025
Some foreign firms are optimistic about Vietnam's economic prospects in 2025 and plan to expand investment, focusing on sustainability across sectors.