Samsung to shut down its last computer-producing factory in China
	Samsung likely to offset smartphone losses with strong chip biz in Q2
	Reuters: Samsung denies reports of the transfer of China display output to Vietnam

The signing ceremony of the MoU between Da Nang Investment Promotion Agency and LG Vehicle Component Solutions – Development Centre Photo: Vietnam Finance

Da Nang Investment Promotion Agency and Vehicle Component Solutions- Development Center of LG Electronics Vietnam Hai Phong Co. Ltd have signed the memorandum of understanding, Vietnam Finance reported.

Under the memorandum of understanding, the Vehicle Component Solutions- Development Center will train and admit IT Vietnamese students to work at its premises and give a priority to Da Nang as it has demand for business expansion.

Meanwhile, Da Nang Investment Promotion Agency will coordinate with relevant agencies to assist LG in implementing procedures for setting up the center as well as support its member companies, research and development centers, satellite manufacturers, and subsidiary manufacturers to survey and invest in the coastal city.

Director of the Vehicle Component Solutions – Development Centre Jung Seung-min said that the center is expected to create a new face for Da Nang in electronic R&D.

As of September 15, RoK investors had run 232 projects in Da Nang with a total investment of over 390 million USD, ranking fifth among foreign investors in the city. Most of the projects are in services and real estate.

Lee Jae-yong - Samsung heir questioned about 2015 merger Prosecutors questioned Samsung's de facto leader Lee Jae-yong over possible legal violations in a controversial merger of two affiliates in 2015 that cemented his control ...

Samsung, LG to send engineers to Vienam upon government permission Affiliates of Samsung Electronics and LG Electronics will send a total of 430 engineers to Vietnam in order to support their plants’ operations there, as ...

Samsung starts building US$220m R&D centre in Vietnam Samsung Electronics has started building a US$220 research and development in Vietnam, the South Korean tech giant’s local unit said on Monday (March 2). ...