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According to a new report from Reuters, Samsung plans to invest as much as $3 billion toward opening its second Vietnam-based smartphone factory in an effort to produce hardware at a lower cost. An unnamed government official confirmed that the project is ongoing, and a Samsung spokesperson shared that the company is in talks with the government over the investment.

South Korea’s Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.

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First announced last month at a ceremony on June 9th, Samsung has shared some information about its new Samsung Tech Institute in Queretaro, Mexico near Mexico City. The company says representatives from the National Employment Service Delegation Queretaro attended that ceremony alongside corporate managers from Samsung.

The main objective of this program is to train technicians to address the importance and the needs of the production in order to improve living conditions and to provide employment opportunities for recent graduates, who constantly struggle to find job opportunities.

Below Samsung outlines the benefits of its program:
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Motorola Mobility, still owned by Google until the sale to Lenovo completes, announced today that it’s closing the Texas-based manufacturing plant that it opened in May of last year to build its Moto X smartphone. The plant, which employees approximately 700 employees, is said to be closing its doors by the end of the year, according to a report from The Wall Street Journal:
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