AYASE, JAPAN – Japan's Meiko Electronics is planning to begin production at its $100 million PCB factory in Vietnam in the second quarter of 2025.
According to project's latest report, the company aims to finish construction of the factory by the third quarter of this year, install equipment during the end of the year and early 2025, recruit and train staff during the first quarter and enter official operation in the second quarter.
When finished, the factory will have an annual production capacity of 80,000 sq. m. The company also plans to build a second factory on the site, upping its total investment to $500 million. The factories will produce PCBs for peripheral devices, computers, electronic home appliances, audio-visual equipment, solar cells, microprocessor chips and controllers.