THAI BINH PROVINCE, VIETNAM – Compal Electronics has purchased a $30 million plot of land in Vietnam to build a new plant and expand production capacity.

The Taiwanese firm's Vietnamese subsidiary leased a 40-hectare plot in the Lien Ha Thai Industrial Park in Thai Binh province, Compal said in a stock exchange filing last week. Compal is already producing Apple products in Vietnam, with factories in Vinh Phuc, on top of its major production sites in China’s Chongqing and Jiangsu as well as Thailand’s Phetchaburi, according to Apple's latest supplier list.

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