On November 12, LITE-ON Technology Corporation of Taiwan, China, held an inauguration ceremony for the Phase 1 of the Quang Ninh LITE-ON Factory at Amata Song Khoai Industrial Park in Hiep Hoa ward.
The project has total investment capital of USD 690 million and covers a planned area of around 30ha. The factory manufactures computers, peripheral equipment, optical devices, communications equipment, electrical control equipment and lighting equipment, with a total designed capacity of nearly 124 million products per year.
Vice Chairman of the Quang Ninh City People’s Committee Le Van Anh emphasised the significance of the Quang Ninh LITE-ON Factory, noting that it would contribute to restructuring the industrial sector towards modernisation and high technology. The project would also lay the foundation for the establishment and development of an electronics industry ecosystem, supporting industries and new supply chains.
