Apple supplier Wistron plans new $24.5 mln plant in northern Vietnam
Taiwan-headquartered electronics manufacturer Wistron, a major Apple supplier, is set to invest $24.5 million in a new factory in Vietnam’s northern province of Ha Nam.
According to documents released by the Ministry of Natural Resources and Environment, the project, named Victory II, will cover 4.9 hectares in Dong Van III industrial park. Wistron Technology (Vietnam) Co. Ltd., a subsidiary of Wistron, will proceed with the investment.
Wistron's factory in Ha Nam province, northern Vietnam. Photo courtesy of Wistron.
Wistron aims to complete administrative procedures in October, install machines and equipment in November, and then put the plant into official operation.
The plant will have an annual capacity of three million LCD displays, equivalent to 13,140 tons; 198,000 firewall items, equivalent to 198 tons; 1.03 million docking stations; equivalent to 541 tons; and 35,000 webcams, equivalent to 241 tons.
Earlier, Wistron received an investment registration certificate to invest $45 million more in its other factory, Victory I, also in Ha Nam province. The move is set to raise the total investment in the factory to $363.9 million. Wistron started the first phase of construction in April 2020 and put the factory into operation in December 2021. For the second phase, the firm kicked off construction in June 2023 and plans to put it into operation in April 2025.
Ha Nam’s index of industrial production (IIP) rose 3.25% year-on-year in May and 14.03% in January-May, according to provincial data. The achievement outpaced the country's overall figure of 6.8% in January-May.
In the five-month period, the main sub-sectors with high growth were electronics, computers, and optical products with 25.92%, electrical items with 32.78%, and plastics and plastic products with 26.93%.
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