Vietnamese provincial authorities have announced the Luxshare Precision Industry Co, has been given a license to invest an additional $330 million in its manufacturing facilities in the norther Vietnamese province of Bac Giang, which will bring the total investment in the facility by the company to $504 million.

The company’s new manufacturing facility at Luxshare’s Vietnam division, Luxshare-ICT,  will sit on a 29.1 hectare plot (72 acres), where it will manufacture cables for smart devices, communications equipment, touch pens, smart positioning tags, and smart watches, according to a statement issued by Bac Giang authorities which was dated Wednesday.

The statement added that the new facility was expected to be completed in 12 to 24 months.

Luxshare, a Chinese-based firm, is one of the main manufacturers of Apple AirPods. It began investing in Vietnamese production facilities in 2019. It has continued investing in the nation today, as many manufacturers have been diversifying their production away from China amid a smoldering geopolitical situation between Beijing and Washington, over a variety of issues ranging from the status of Taiwan, to China’s access to sophisticated technologies in the field of semiconductors.

The decision by Luxshare to increase its investment in Vietnam comes on the heels of the decision earlier this year by Apple supplier Foxconn, which set up a new manufacturing facility in central Vietnam, increasing its investment in the country by an additional $250 million, which will be focused on making electric vehicles and telecom parts.

Luxshare has declined to publicly comment on the issuance of the license or the new facility.