China’s Goertek invests $20M more in Vietnam factory for camera production
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Goertek Technology Vina Co., Ltd., a subsidiary of China's Goertek, has invested an additional $20 million in its Bac Ninh factory, raising total project capital to $512.3 million. The expansion aims to increase annual production by 0.67%, adding 20 million cameras and 168,000 earphones, totaling 3.01 billion items. Goertek also seeks to boost UAV production from 45,000 to 60,000 units. The timeline for these changes is not specified, and the company has invested around $1.3 billion in Vietnam by 2025.
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