# 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.

- Type: Expansion
- Announced: 2019-08-22
- Where: Hai Phong and Quang Ninh province, Vietnam
- Value: $320.0M
- Status: announced
- Products: electronic components, computer peripherals, optical equipment, power management solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Lite-On Technology](https://endata.com/companies/29026.md)

## Sources

- [en.vcci.com.vn](https://en.vcci.com.vn/vcci-news/taiwans-lite-on-to-inject-320-mln-into-two-vietnam-subsidiaries-to-expand-capacity-121534), 2019-08-22: "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."

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