Lite-On Technology kicks off factory construction at Amata City Ha Long IP

Mar 19th at 13:58
19-03-2025 13:58:38+07:00

Lite-On Technology kicks off factory construction at Amata City Ha Long IP

Lite-On Technology Group broke ground on its highly anticipated Lite-On Quang Ninh factory in the northeastern province of Quang Ninh on March 18.

The ceremony took place at Song Khoai Industrial Park (Amata City Halong) in Quang Ninh’s dynamic coastal economic zone.

$690 million Lite-On Quang Ninh Factory kicks-off construction at Amata City Ha Long IP (PR)

Photo: Yen Linh

The complex will cover ​​30 hectares with a total investment of $690 million, with two factories and one office building. Lite-on Technology Corporation is a provider of optoelectronic semiconductor components and power management modules from Taiwan.

The factory specialises in manufacturing electronic computer components, cameras, wireless network connection devices, power converters, electric vehicle chargers, car lights, plastic products, and many other electronic devices.

The factory will have a total capacity of nearly 124 million products per year. The first phase is scheduled for completion in November.

Leveraging Quang Ninh’s support, the factory's operation will contribute to increasing the value of industrial production and exports of local goods, creating more jobs and income for workers, increasing revenue for the state budget, and driving socioeconomic development.

At the same time, the project affirms the province’s policy to accelerate administrative procedural reform, continually improve the investment and business environment, and attract high-tech projects, smart industry, and environmental friendliness, promoting sustainable growth.

At the groundbreaking ceremony, Cao Tuong Huy, Vice Chairman of Quang Ninh People's Committee, appreciated Lite-on Technology Group’s decision to land the project at Song Khoai Industrial Park.

Huy said that this is a core area and new growth for Quang Ninh province to be empowered by smart, modern industrial, service, urban, and seaport zones, as well as high-tech processing, manufacturing, and industrial development centres.

Quang Ninh’s vice chairman requested investors to focus their resources on the project’s implementation to ensure quality and progress, while simultaneously coordinating with relevant bodies to ensure legal compliance.

Quang Ninh Economic Zones Management Authority and Quang Yen People's Committee have been asked to create favourable conditions for investors to speed up construction, striving to complete the project ahead of schedule.

They have also been mandated to regularly monitor, inspect, and support investors to resolve arising problems.

Addressing the ceremony, Shiro Sadoshima, executive advisor of AMATA Corporation and former Ambassador of Japan to Thailand, noted that Lite-On Technology Group’s decision to invest $690 in Amata City Halong not only demonstrates its confidence in Amata’s business climate but also affirms Vietnam’s position as a key player in the global electronics supply chain.

“Lite-On’s choice to build production facilities for high-tech electronic products in Amata City Halong will further strengthen our high-tech industrial ecosystem,” he said.

The project will enter phase one production with a capacity of more than 64 million products per year from this November.

Investment in phase two will be completed in 2028, bringing the capacity to more than 95 million products a year. By 2030, the group will complete the entire facility with a total capacity approximating 124 million products annually.

Lite-On is a potential partner for tech brands such as Fuji Xerox, Kyocera, ASUS, Amazon, IBM, Motorola, Sony, Samsung, Sharp, Nokia, and Lenovo.

VIR

- 10:29 19/03/2025



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