SUMIDA: Company News
SUMIDA CORPORATION would like to announce that the second factory in Quang Ngai, Vietnam has just started its operations in February 2022, and that the construction of a third factory has been decided to meet increasing demands of EV/xEV-related products. The maximum production capacity after completing the construction of the third factory is expected to be three times as large as the current capacity (excluding the capacity of the second factory).
1. Quang Ngai factory overview
| (1) | Location | Lo CN-03, Duong so 02, Khu Cong Nghiep Tinh Phong, Xa Tinh Phong, Huyen Son Tinh Tinh Quang Ngai |
| (2) | Space | 33,000 m2, (including 13,000 m2 for the third factory) |
| (3) | Number of Employees | Approximately 2,500 (Plan) |
| (4) | Products | Power Transformers and Choke Coils etc. |
| (5) | Company Name | SUMIDA ELECTRONIC QUANG NGAI CO., LTD. (Local Name: CONG TY TNHH DIEN TU SUMIDA QUANG NGAI) |
| (6) | Paid in Capital | USD 8,000,000 (wholly owned by SUMIDA CORPORATION) |
| (7) | Representative | Toshiharu Sato |
| (8) | Line of Business | Production and sales of electronic components |
| (9) | Start of Operations | November 2022 (Plan) |
2. Future prospects
The third factory will start its operations in November 2022, which is included in the earnings estimate announced today.
3. Image of the third factory
