Foxconn aims to make up to 4.8M Xbox devices per year in Vietnam, Reuters says

Foxconn (HNHPF) and Luxshare intend to add millions of gaming devices to Vietnam’s annual output, reinforcing the Southeast Asian country’s position in the global supply of gaming systems, Reuters’ Phuong Nguyen reports. In particular, Foxconn subsidiary Fushan is seeking a permit to expand output in Vietnam to annually produce up to 4.8M Microsoft (MSFT) Xbox gaming devices, parts of the consoles, and other unspecified electromagnetic devices, the author says, citing a company document sent to the environment department of the northern Bac Ninh province. Meanwhile, Luxshare-ICT intends to manufacture up to 4.5M game consoles per year at a factory in Vietnam, the author notes.