Lite-On Breaks Ground on State-of-the-Art $690 Million Electronics Facility in Quang Ninh

    Lite-On Technology has officially commenced construction on the first phase of its state-of-the-art electronics facility, a significant investment totaling 690 million USD. This groundbreaking ceremony, held on March 18, marked the beginning of an exciting journey for the company in Quang Yen township, Quang Ninh province. With this new plant, Lite-On Technology reinforces its commitment to expanding its global footprint and delivering cutting-edge technology solutions.

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    Covering an area of 30ha, the state-of-the-art plant will be a hub for manufacturing a diverse range of electronic components. These include parts for computers, optical devices, lighting equipment, and communication technologies. With a projected annual output of nearly 124 million units, the facility is set to significantly enhance Quang Ninh’s industrial landscape, boosting its production, export value, and employment opportunities.

    The first phase of this ambitious project is scheduled for completion in November 2025. This timeline underscores Quang Ninh’s dedication to administrative reform and fostering a business-friendly environment. The province is committed to attracting investments in high-tech, smart, and environmentally conscious industries, as evidenced by their support for this project.

    At the groundbreaking ceremony, Vice Chairman of the Quang Ninh provincial People’s Committee, Cao Tuong Huy, commended Lite-On for their investment decision. He emphasized the strategic importance of the Song Khoai Industrial Park within the Quang Yen Coastal Economic Zone, which is being developed as a “smart city.” This development model positions the area to be a powerhouse for high-tech manufacturing and sustainable industrial advancement.

    Lite-On Technology is a global leader in the electronics industry, ranking among the top 10 corporations in their field. They specialize in the production of electronic components for a wide range of devices, including computers and mobile phones. With their expertise and Quang Ninh’s supportive business environment, this collaboration is poised for success.

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