HANOI -- Taiwanese contract manufacturer Foxconn plans to invest about $250 million to build two new plants in northern Vietnam, including one that will make components for electric vehicles.
Apple supplier plans 2 new factories to cut reliance on iPhones

Foxconn is shifting into electric vehicles after years of reliance on iPhone assembly. © Reuters
HANOI -- Taiwanese contract manufacturer Foxconn plans to invest about $250 million to build two new plants in northern Vietnam, including one that will make components for electric vehicles.