Work starts at electronics firm Lite-On’s $690 mln project in Vietnam
Taiwan-based Lite-On Technology Corporation, a world's leading provider in optoelectronics and power management, kicked off the construction of its $690 million factory first phase in Vietnam on Tuesday.
The project covers 30 hectares in Song Khoai Industrial Park of Quang Ninh province. The industrial park (IP), also known as Amata City Ha Long, is developed by Thailand’s leading IP developer Amata.
Lite-On holds a groundbreaking ceremony in Quang Ninh province, northern Vietnam on March 18, 2025. Photo courtesy of Quang Ninh newspaper.
The plant has an annual capacity of 124 million items, including computer components, optical devices, and communications items. The first phase is set to complete in November.
Lite-On received an investment registration certificate for its $690 million project in October 2023.
The project’s first phase has an annual capacity of 64.4 million items, including 33.3 million power converters, equivalent to 21,309 tons; 20.7 million computer keyboards and mouses, or 25,252 tons; 2.2 million wireless routers, or 3,245 tons; 312,500 electric vehicle chargers, or 9,375 tons; 2.34 million power sources for computer servers, or 28,024 tons; among others.
Prior to Quang Ninh, Lite-On has been investing in Vietnam with projects worth $96 million in the neighboring city of Hai Phong.
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