Compal’s laptop production plant back on track

Taiwan-based Compal Electronics, the world’s second-largest maker of notebook computers , has equipped its new manufacturing facility in Vinh Phuc Province in preparation for a production launch in the second half of this year, according to representatives of the province’s industrial zones management board.

Construction began on the US$500 million plant in November 2007. Production had been expected to begin in the first quarter of last year, but the plans were delayed during the global recession, said Compal chairman Rock Hsu.

The new facility was conceived with a capacity of 1.2 million laptops per month or 15 million a year, but this figure had been scaled back to 500-600,000 units per month due to depressed demand, Hsu said.

Compel supplies notebooks to such major brands as Dell, HP, Acer, Toshiba, Fujitsu and Lenovo.

Dell’s chairman for the Asian region Amit Midha has said that Dell was in the process of researching the Vietnamese market and intended to build a production facility here due to the country’s advantages in terms of labour and other costs.

The Ministry of Information and Communications plans to introduce additional measures later this year to promote the further development of the IT industry, with a focus on attracting foreign investment.

Tags: , , ,

Posted by VBN on Mar 6 2010. Filed under Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS Singapore Business News

  • Singapore shares end 0.7% higher
  • SilkAir wins Regional Airline of the Year
  • Temasek exercises option to increase exchangeable bond sale
  • Private equity-backed IPOs plummet worldwide
  • CapitaLand 3Q profit falls 83% to $89.2m on accounting change
  • Kingsmen Creatives sets up Shenzhen unit

RSS India Business News

  • Sensex ends near 16800; L&T, Bharti Airtel, Tata Motors down
  • Sensex down over 100 points; Tata Motors, Bharti Airtel, DLF down
  • Sensex lackluster; Maruti, L&T, BHEL, Bajaj Auto up
  • Sensex ends 151 points down
  • India plans to move WTO against US over imposition of penal duties on steel import
  • Greater Noida Authority to claim farmers compensation from builders

RSS Malaysia Business News

  • Trade rep: Treat China as 23 markets
  • Ecco eyes RM5m sales
  • Ringgit slips in weak trading activities
  • Palm futures end softer on profit-taking
  • Govt to ensure Qinzhou project is completed on time
  • KL, Beijing to speed up signing of deal for development programme

Sponsored

  • Looking for an overseas forex broker?
  • Trading Point now offering Forex Malaysia and FX Japan with Forex, CFD's and Futures.