LED is a semiconductor light source that is frequently used as indicator lamps in many devices and are increasingly used for other lighting. It can save 30-90 per cent of power as compared to traditional lamps. “Hua Bo Tech (Zhuhai) will invest five million dollars to build a factory focusing on manufacturing products ranging from precise plastic components, vacuum packaging blisters, mold/tooling design and fabrication, label and sticker processing, assembly for OEM electronic products, solar-powered and energy-saving lighting fixtures to LED lamps in Hanoi’s Thach That-Quoc Oai Industrial Park’s Lot 18. At present, the company has decided to lease a production workshop at the lot. This will be our first factory in Vietnam,” said company sales director James Chen. “We are asking investment permission from the Ministry of Planning and Investment in Vietnam. It is expected that we will receive the investment certificate in June or July and will begin production in September 2013,” Chen told VIR. “One of the reasons why we come to Vietnam for investment is that many of our big customers like Panasonic, Samsung, Honda, Toyota, Cannon, Sony and Brother Industries have been in Vietnam for years. And we don’t want to lose these customers,” Chen said. “Also, the labour cost in China keeps increasing, while Vietnam boasts a cheap labour cost.” This 20,000-square-metre factory will employ about 600 local workers and it will be expanded to 50,000sqm by late 2014....credit below link AEC Engineering & Services
Posted on: Sun, 16 Jun 2013 09:20:41 +0000
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