Lite-On Technology injects $320M into two Vietnam subsidiaries for capacity expansion

Lite-On Technology's board approved $210 million capital injection into Lite-On Technology Vietnam Co., Ltd. and $110 million into Lite-On Vietnam Co., Ltd. to expand production capacity for cloud computing and AI-related components.

“Taiwanese electronics group Lite-On Technology has approved an additional $320 million in capital for two wholly-owned subsidiaries in Vietnam to expand production capacity.”en.vcci.com.vn

• 1 source
• en.vcci.com.vnTaiwan's Lite-On to inject $320 mln into two Vietnam subsidiaries to expand capacity - VCCI - Vietnam Chamber of Commerce and IndustryAug 22, 2019

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