Japan’s Kyocera to build electronic parts plant in Vietnam

Kyocera Corp. (6971) said Wednesday that it will spend 30 billion yen to construct an electronic parts and telecommunications equipment factory in Vietnam.

To be located in the suburbs of Hanoi on approximately 400,000 sq. meters of land, the plant will be on a par with Kyocera’s largest overseas factory in China. It will churn out electronic components used in cellular phones, personal computers and other devices, as well as copiers for subsidiary Kyocera Mita Corp. Output is expected to start at the end of 2012, with volume to be decided later.

The parts and equipment will be exported to China, Europe, the U.S. and Japan.

“We’re expanding facilities in areas of Asia outside of China, where we already have a manufacturing base,” President Tetsuo Kuba said Wednesday.

Tags:

Posted by VBN on Apr 28 2011. Filed under Energy. 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 China Business News

  • Copper up, but demand jitters cap gains
  • Gold prices fall 1 percent, silver was down 0.5 percent at $41.40 an ounce
  • Gold price in Hong Kong opens at 17,440 HK dollars per tael on Wednesday
  • Gold sheds 3 pc in choppiest day in two weeks
  • Appliance retailers eye shopping fest to boost sales
  • Stock break four-day losing streak
  • Swedish auto maker Saab files for bankruptcy protection
  • Chinese tourists to Sri Lanka almost double

Sponsored

Looking for an overseas forex broker?