# Luxshare Precision to expand smart wearable device capacity in Vietnam

Luxshare Precision will invest up to CNY 1.243 billion to expand production capacity for smart wearable devices at its subsidiary Luxshare Precision (Vietnam) Co., Ltd.

- Type: Expansion
- Announced: 2019-07-11
- Where: Vietnam, Vietnam
- Value: $180.0M (1.24B CNY)
- Status: announced
- Products: smart wearable devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Luxshare Precision Industry](https://endata.com/companies/40559.md)

## Sources

- [cs.com.cn](https://www.cs.com.cn/ssgs/gsxw/201907/t20190711_5967533.html), 2019-07-11: "公司拟透过ICT-LANTO以不超过12.43亿元自有资金增资立讯精密（越南）有限公司,以越南立讯为主体进行智能可穿戴设备产品的产能扩建。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.