Luxshare-ICT Vietnam invests additional 330 million USD in Bac Giang
Accordingly, Luxshare - ICT has adjusted to add 330 million USD more to scale up production. The investment project is implemented at Lot E, T and U1 in Quang Chau Industrial Park (Viet Yen district) covering total area of more than 291,200 square meters.
Luxshare-ICT Vietnam Company Limited in Quang Chau Industrial Park (Viet Yen district). |
The goal of the project is to produce electronic components like cables for smart electronic devices; equipment that digitizes voice signals and transmits them over the network; signal diffusion equipment, communication equipment; touch pen among others.
The total registered investment capital now hits 504 million USD. The progress of investment capital implementation increases from 12-24 months from the date of issuance the adjustment of investment registration certificate.
Luxshare-ICT is a foreign enterprise, belonging to Luxshare-ICT Group (China). It has invested in Bac Giang since 2019. The company specializes in processing and manufacturing products for many large corporations in the world in various fields of information, automobiles and consumer electronics.
With the increased investment capital, Luxshare-ICT is the foreign enterprise with the second largest increase in adjusted capital in Bac Giang since the beginning of the year. The top business is JA Solar Vietnam Co., Ltd. with an additional capital of 378 million USD.
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