After expanding their handset facilities to countries such as China, India and Brazil, Samsung is now trying to expand their handset plants into Vietnam. Their proposal was submitted a month ago to the Vietnamese authorities. According to their plans, the plant is going to produce 30 million handsets on the earlier stage, and after that it will expand their production to 100 million handsets per year. The cost for this new plant is US$670 million. The reason for expanding a plant in Vietnam is because of its cheap labor and its current ranking as the 6th most attractive place for foreign investment after China, India, Russia, the United States and Brazil.
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