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Tagged With "Vietnam"

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What Veterans Day Means to Me

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I guess first and foremost I remember those of my family that honored the call of their country. My father, that was stationed in the South Pacific during WWII, and my grandfather that served during WWI. Then most recently my son that served in the Army National Guard. I also remember meeting many other Veterans that had served in Vietnam as I entered the workforce after High School. I understand that our country could not be what is today with out the sacrifices of all who have served in...
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Kyocera shifts China production to Vietnam to avoid Trump tariffs

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OSAKA -- Kyocera will relocate production of U.S.-bound copiers and multifunction printers to Vietnam from China, the Japanese manufacturer said Friday, in a move designed to avoid U.S. tariffs. "We will switch production between Chinese facilities and Vietnamese facilities," Kyocera President Hideo Tanimoto told reporters. All-in-one printers made in China are mainly shipped to the U.S., while those built in Vietnam are usually destined for Europe. The decision comes after months of...
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Sharp’s parent to open plant in Vietnam

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Sharp’s parent to open plant in Vietnam Foxconn, aka Hon Hai Precision of Taiwan, parent of Sharp, announced it will spend $300 on new facility Located in Kinh Bac City, Vietnam 125 acre property Will generate 30,000 jobs Will be used to produce products for Apple
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Re: Sharp’s parent to open plant in Vietnam

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Great idea to move some manufacturing out of China. The problem remains that almost all of the parts still have to come from China. Just makes and extended supply chain issue for them
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China losing some manufacturing

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China losing some manufacturing Article published by Bloomberg Apple is reducing its dependence on Chinese manufacturing, as in 2017 it has 18 large suppliers innIndia and Vietnam, but now lists 37. By 2025, 75% of Apple Airpods will be made in Vietnam In 2017, 43% of long term assets owned by Taiwanese electronics firms were in China Now only 31% Average wages in China have doubled in past decade to $530 per month Twice that of India or Vietnam worker
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Kyocera to close plants in China?

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Kyocera to close plants in China? Kyocera (aka Kyoto Ceramic Company of Japan), had its president, Hideo Tanimoto interviewed by the Financial Times newspaper Kyocera makes 70% of the ceramic components for chip manufacturers worldwide “It works as long as products are manufactured in China and sold in China, but he business model of producing in China and exporting overseas is no longer visible” “Not only have wages gone up, but obviously, between the US and China, whatever is happening, it...
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Kyocera to expand manufacturing

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Kyocera to expand manufacturing Kyocera (aka Kyoto Ceramic Company) announced it will add an additional $238 million to its construction of a printer/MFP manufacturing plant in Hai Phong, Vietnam Now total cost will be $425 million
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FPT and Konica Minolta Form Joint Venture, Driving Innovation for Office Solutions

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FPT and Konica Minolta Form Joint Venture, Driving Innovation for Office Solutions TOKYO, January 23, 2024 --( BUSINESS WIRE )--Global IT corporation FPT’s Japanese subsidiary, FPT Japan Holdings Co., Ltd. (FPT Japan), and the global imaging and printing solutions leader, Konica Minolta, Inc. (Konica Minolta), today announced the establishment of a joint venture, KONICA MINOLTA FPT Solution Labs Inc., to fortify software development capabilities, boosting business growth in the office...
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