Facebook parent Meta Platforms Inc will produce its next-generation virtual reality and augmented reality headsets in Vietnam, creating more than 1,000 jobs, the company said yesterday.
Speaking at a tech conference in Hanoi, Meta president of global affairs Nick Clegg said that the firm would focus on the production of the Quest 3S headset in the Southeast Asian country.
“We will, with our local partners, be manufacturing them here in Vietnam, and we estimate that this will create well over 1,000 new jobs,” he said.
Photo: AFP
Vietnam — long a low-cost destination to make clothes, shoes and furniture — is eyeing a rapid climb up the global supply chain.
The Vietnamese government last week said that Elon Musk’s SpaceX plans to invest US$1.5 billion in the country.
Vietnam is particularly intent on developing its capabilities in the lucrative chip industry, with global supply chain shocks and fears about US reliance on China for key resources boosting investment there.
Facebook is widely used in Vietnam and Clegg said the nation was among the global leaders in using its Messenger platform “not just to send messages to family and friends, but actually communicate with businesses and so foster trade and commerce across the country.”
However, Facebook has also faced criticism from human rights groups in the past few years for blocking content deemed illegal by the country’s government.
Facebook is a popular platform for rights advocates in Vietnam, where all independent media are banned.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday said its materials management head, Vanessa Lee (李文如), had tendered her resignation for personal reasons. The personnel adjustment takes effect tomorrow, TSMC said in a statement. The latest development came one month after Lee reportedly took leave from the middle of last month. Cliff Hou (侯永清), senior vice president and deputy cochief operating officer, is to concurrently take on the role of head of the materials management division, which has been under his supervision, TSMC said. Lee, who joined TSMC in 2022, was appointed senior director of materials management and
Nvidia Corp CEO Jensen Huang (黃仁勳) on Thursday met with US President Donald Trump at the White House, days before a planned trip to China by the head of the world’s most valuable chipmaker, people familiar with the matter said. Details of what the two men discussed were not immediately available, and the people familiar with the meeting declined to elaborate on the agenda. Spokespeople for the White House had no immediate comment. Nvidia declined to comment. Nvidia’s CEO has been vocal about the need for US companies to access the world’s largest semiconductor market and is a frequent visitor to China.
Hypermarket chain Carrefour Taiwan and upscale supermarket chain Mia C’bon on Saturday announced the suspension of their partnership with Jkopay Co (街口支付), one of Taiwan’s largest digital payment providers, amid a lawsuit involving its parent company. Carrefour and Mia C’bon said they would notify customers once Jkopay services are reinstated. The two retailers joined an array of other firms in suspending their partnerships with Jkopay. On Friday night, popular beverage chain TP Tea (茶湯會) also suspended its use of the platform, urging customers to opt for alternative payment methods. Another drinks brand, Guiji (龜記), on Friday said that it is up to individual
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