15:17 | 04/06/2015 Companies
The Haengsung Electronics Vietnam Ltd Company will build a 100 million USD plant to manufacture electronic spare parts within the Trang Duae industrial zone in the northern city of Hai Phong.
Covering 10 hectares, the plant is expected to go into operation in January 2017.
Once operational, the plant is expected to produce more than 4.77 million sets of electronic boards, 6.86 million sets of electronic circuit boards for mobile phones, 3.96 million sets of IVI electronic boards and over two million microchips of home appliances, generating jobs for over 500 local workers.
The Haengsung Electronics Vietnam Ltd Company, owned by the Republic of Korea, will be the biggest satellite factory supplying electronic spare parts for the LG electronics complex also situated in the zone./.