LG Innotek invests $823M to expand camera module plant in Hai Phong, Vietnam

LG Innotek is investing an additional $823 million in its Hai Phong, Vietnam facility to increase camera module production capacity from 360 million to 390 million units annually, plus new production of transmission items and 3D sensor modules. The expansion will be completed in phases, with official operations starting July 2025 for phase one and February 2030 for phase two.

“LG Innotek will focus the investment on its current factory in Trang Due Industrial Park.”theinvestor.vn

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• theinvestor.vnLG Innotek invests further $823 mln in Vietnam to raise camera module productionTri DucJul 19, 2024

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