US group builds first electronic component plant in Phu Yen

SGGP
CCIPY Vietnam Company under US Coilcraft Group has started construction of the electronic component plant in An Phu Industrial Zone, Tuy Hoa city in Phu Yen.

The man working for an US electronic firm in HCMC (Illustrative photo: SGGP)

The man working for an US electronic firm in HCMC (Illustrative photo: SGGP)

That is the first electronic plant in the Central Province of Phu Yen, having the capacity of 500 million components a year. Main products will be RF chips and electromagnets.
The plant covers an area of 2.7 hectares with a total cost of US$5.7 million, part of the group’s manufacturing development target in Asia. All products of the plant will be exported.
The plant is expected to come into operation in January next year, creating 2,000 jobs for local people.

By T. TRINH – Translated by Hai Mien

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