According to the document, the company aims to lift its annual phone-assembly capacity by 30 million units, bringing total output to about 140 million devices. Fushan Technology also plans to introduce manufacturing of charging equipment for smart rings—finger-worn devices that blend smartwatch and fitness-tracker functions, reflecting the broader industry shift toward compact, health-focused consumer tech.
The company reported that upgrade work at the plant is already underway, with full operational capacity targeted for April next year. The facility—once used for producing Nokia and Microsoft mobile phones—also maintains the capability to manufacture as many as 100,000 drones annually, underscoring its diversified production base.
Fushan Technology Vietnam did not offer immediate comment on the planned expansion.
Foxconn, a major supplier to Apple, Microsoft and other global tech players, has invested more than $3.2 billion in Vietnam as of 2024, after first establishing operations there in the 2000s. Most of its Vietnamese factories are concentrated in the northern industrial hubs of Bac Ninh and Bac Giang, which have become key nodes in the company’s regional supply chain.