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May 27, 2017

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Hon Hai's production base in Vietnam unaffected by riot

TAIPEI--Hon Hai Precision Industry Co. (鴻海精密), the world's largest contract electronics maker, said Wednesday that its production base in Vietnam was not affected by the anti-China protests that have rocked the Southeast Asian country.

Hon Hai said the group has not received any reports that the violence has disrupted production in Vietnam but will continue to monitor the situation.

Vietnamese have been staging protests against China after Beijing deployed an oilrig in what Hanoi claims as its economic waters near the Paracel Islands in the South China Sea.

Naval ships from the two countries have engaged in a tense standoff near the oil rig.

Self-governed Taiwan is not part of the People's Republic of China and has never been under its control, but many protesting Vietnamese failed to distinguish between Chinese and Taiwanese and attacked Taiwanese businesses.

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