Lego is building a new factory in Vietnam to keep up with demand for its bricks in Asia
Lego A/S plans to invest more than $1 billion in a new factory in Asia, seeking to serve growing demand for its toy bricks in the region and double down on a supply-chain strategy that held it in good stead through the pandemic.
The world’s biggest toy maker by revenue said Wednesday that the new factory in Vietnam would make products for big markets in the region such as India, Indonesia and the Philippines. Those places are currently supplied by Lego’s factory in China, which will now be dedicated to local consumers.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
New Regency Bolsters Asia-Pacific Leadership, Sells ‘Beast Must Die’ Around the World (EXCLUSIVE)New Regency is expanding in Asia-Pacific with the hire of Ben Bishop as VP of international sales for the region, based out of Sydney. Prior to joining New Regency, Bishop served as president of in…
Lire la suite »
Supply Chains in Southeast Asia Are Less Vulnerable After Delta-Driven DisruptionsCountries like Vietnam and Malaysia have learned from recent experience and are better prepared for fresh waves of the Covid-19 virus, economists and factory operators say.
Lire la suite »
Asia stocks bounce from one-year low, China gains on monetary easingAsian shares staged a recovery on Tuesday on receding worries about the impact of the Omicron variant while Chinese markets were supported by the central bank easing monetary policy.
Lire la suite »
Omicron threatens Asia oil demand just as pricing favours Atlantic crudeRecent shifts in the relative price of different crude grades have dealt oil exporters from the vast Atlantic Ocean basin the best chance in months to sell to top consuming region Asia, but sales have been sluggish as COVID-19 fears cool demand.
Lire la suite »
Omicron threatens Asia oil demand just as pricing favours Atlantic crudeRecent shifts in the relative price of different crude grades have dealt oil exporters from the vast Atlantic Ocean basin the best chance in months to sell to top consuming region Asia, but sales have been sluggish as COVID-19 fears cool demand.
Lire la suite »