HONG KONG -- Foxconn International Holdings, part of Hon Hai, will lay off an unspecified number of employees and close certain plants, the company said today. 

Plans to open a plant in Vietnam may be put on hold until the economy improves, the company also said, the Wall Street Journal is reporting.

Foxconn, the world's largest EMS/ODM per the Circuits Assembly EMS Top 50, has undergone some layoffs and consolidated certain production facilities, Foxconn spokesman Vincent Tong told the Wall Street Journal, declining to provider further details.