Japan's Meiko to build new plant in Vietnam for iPhone parts

New facility will supply PCBs for iPhone plant in India as Apple turns away from China

20250409 evening scoop on April 10

Meiko will produce tiny, power-saving three-dimensional PCBs in Vietnam to supply to Apple's iPhone assembly plants in India.(Nikkei montage/Source photos by Satoko Kawasaki and Meiko)

YOSHIKA KAKU

TOKYO -- Japan's Meiko Electronics will build a new plant in Vietnam for 50 billion yen ($340 million) to mass-produce tiny and power-saving electronic substrates for iPhones, starting in fiscal 2026.

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