HÀ NỘI — Universal Scientific Industrial (USI) on Saturday started construction for its new production base located in DEEP C Industrial Zone in the northern port city of Hải Phòng.
USI will produce the electronic circuit boards for wearable devices (watch, phone and earphone) to supply the world’s top electronics companies. The 65,000-square-metre plant will employ 2,000 employees in full production and have the capacity to produce up to 14 million products annually.
Construction work is expected to be completed in the second quarter of 2021, followed by the initial commissioning and testing period. Production launch is targeted for the third quarter of 2021.
USI first announced its intention to invest in a new facility in Hải Phòng in December last year. In June, USI obtained the investment registration certificate issued by the Hải Phòng Economic Zone Authority with an initial investment of US$200 million.
The future investment scale and plan will be determined according to the needs of customers and company development. For the moment, USI expects to increase investment capital to $400 million in the next phase.
“This sizable investment in a Southeast Asia facility is intended to move us closer to our overseas customers and accommodate their ever-increasing demand. North Việt Nam, with its strategic geographical position and an extended infrastructure in place, offers USI an optimal way to facilitate fast and flexible response to customers' orders,” said Kuei Chun Chi, manufacturing service director of USI.
In addition, the preferential economic zone tax incentives and competitive labour costs give it significant advantages in international competition.
“The plant we are building in Việt Nam constitutes a key element in our approach to increase manufacturing capacities on a global scale,” said Chi.
USI is expected to become a key manufacturer in the growing electronics manufacturing sector of Hải Phòng by helping form a new production hub and contributing to the development of the electronic supply chain.
“Having a global electronics manufacturer like USI in Hải Phòng is a ringing endorsement of the quality of the workforce and the opportunities that exist in our area. This will build up the confidence of other big players who are seeking for a reliable destination for their next expansion,” said Bruno Jaspaert, General Director of DEEP C Industrial Zones, adding that they are proud to be selected as the site for USI’s new production facility after an intensive search and investigation.
USI, Universal Scientific Industrial (Shanghai) Company Limited provides design, miniaturisation, material sourcing, manufacturing, logistics, and after services of electronic devices/modules for brand owners. USI is a member of ASE Technology Holding and has many years of experience in the electronics manufacturing services industry and leverages the industry-leading technology of ASE Group, which enables USI to offer customer diversified products in the sectors of wireless communication, computer and storage, consumer, industrial, and automotive electronics worldwide. USI has a sales service network in America, Europe, and Asia; and manufacturing sites in mainland China, Taiwan, Mexico and Poland.
DEEP C Industrial Zones is a Belgian developer and operator of an industrial zone and port infrastructure cluster in Hải Phòng City and Quảng Ninh Province – the most dynamic and growing region in north Việt Nam. DEEP C has become one of the largest industrial property developers in Việt Nam with five industrial zones, forming DEEP C industrial zone cluster covering 3,400 hectares at the epicentre of the region’s manufacturing and infrastructure boom. DEEP C provides a large portfolio of products and services including industrial land and workshop/warehouse for lease, port development, and operation, utilities supply and distribution, renewable energy generation. — VNS
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