Lite, a big move, 780 million yuan in the mainland area of increased investment to set up factories

Close to the customer, new products and automation needs investment, science Lite announced it will invest in the mainland about NT $3 billion 550 million (equivalent to approximately RMB 780 million yuan), including the production of SSD based Suzhou new factory, founded in order to automotive electronics and new products of the new plant in Changzhou, Guangzhou factory to mobile phone camera module and spend NT $1 billion 150 million (about 252 million yuan) to buy new equipment.

Lite branch investment last year after the outbreak, announced it would spend 10 billion new Taiwan dollars (about 2 billion 190 million yuan) to set up a new factory and Kaohsiung automotive business operations center in Kaohsiung, and after Earth automotive electronics new factory in the middle of this year, Lite, yesterday announced plans in Changzhou and Suzhou respectively set up new automotive electronics factory, SSD factory, Guangzhou factory and the amplified mobile phone camera module production capacity, the total amount of up to 3 billion 550 million new Taiwan dollars (about 780 million yuan).

The Lite automotive electronics related products include car lighting, automobile lamp lamp and main auxiliary lighting, lights, electric window drive motor, and began to cut into the ring image lens, crash sensing element, but with the turnover, lights and car lighting, accounted for the largest growth rate is the highest, automotive electronics related products now in Guangzhou factory, Kaohsiung factory is the main production base.

With the Department of Lite in automotive electronic product line expansion, Lite branch said that the new plant in Changzhou will be set up in the vicinity of the Central Department of Lite operations center, in the production of high precision vehicle electronic products, the board of directors of Changzhou Lite chugu factory investment amounted to $35 million (equivalent to about 232 million yuan).

Another new Suzhou factory, although now NAND stock shortage resulting in a complete mess, Lite storage device revenue greatly affected, however, the board of directors through Lite will invest $45 million (about 299 million yuan) the establishment of the Suzhou factory, said only choose science Lite plant in Suzhou is mainly considered close to the customer and supply chain.

But also because of Guangzhou plant machinery and equipment purchased by the board of directors by NT $1 billion 150 million (equivalent to approximately RMB 252 million yuan) of the investment, mainly for mobile phone camera module. In the second season of lite "said, the first half of the camera module under the capital expenditure will reach 10 ~ 1 billion 500 million NT, the introduction of new automation equipment made, hope the second half of the capital expenditure can make the camera module next year revenue growth to 400 to NT $50 billion, equivalent to more than 20 to 30% growth this year.

Source: Business Times

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