Lotes Vietnam Co., Ltd
GENERAL INTRODUCTION
LOTES CO., LTD was established in Keelung, Taiwan in 1986, and successfully listed on Taiwan stock exchange in 2007, specializing in designing and manufacturing connectors, CPU sockets for computer, portable electronics equipment, etc. LOTES products are widely used in Asian and worldwide markets. LOTES believes in continuous research, development and improvement, thus heavily invested in research and development every year. This has resulted in LOTES successfully registering more than 2300 patents in USA, Germany, Japan, Taiwan & China as well as achieving ISO14000 & OHSAS18001. Continuous business development prompted the establishment of LOTES Guangzhou Co., Ltd. in Nansha, Guangzhou, People's Republic of China in January 1993 to meet local customers' needs in terms of both production capacity and speed. In August 2003, Suzhou LOTES Co., Ltd. was established for the same reasons.
LOTES VIETNAM CO., LTD
Company name: LOTES VIETNAM CO., LTD
Business registration certificate number: 1001224727
Issue date: on April 23rd, 2021, the first amendment on June 4th, 2021
Issuing agency: Thai Binh Provincial Department of Planning and Investment
Headquarter address: Ngo Gia Kham Street, Phuc Khanh Industrial Park, Phu Khanh Ward, Thai Binh City, Thai Binh Province, Vietnam.
Tel: 0948.550.698
Currently, Lotes Vietnam Co., Ltd. is carrying out a pilot project to lease the factory and auxiliary works within the land area of 9,351.8 m2 of Viet Toan Joint Stock Company in Phuc Khanh Industrial Park, Thai Binh City. Right after the Phase I factory in Lien Ha Thai Industrial Park (Green iP-1) completed construction Lotes Vietnam Co., Ltd. will terminate the lease contract for the factory in Phuc Khanh Industrial Park and move the entire project (including all machinery and other assets) to operate stably at Lien Ha Thai Industrial Park (Green iP- 1).
LIEN HA THAI INVESTMENT SCALE
- Expected land area: 150,000 m2
- Total investment capital: 2,760,000,000,000 VND (in words: Two thousand seven hundred and sixty billion Vietnam dong) equivalent to 120,000,000 USD (in words: One hundred and twenty million US dollars)
- Designed capacity:
• Ram connector: 197,200,000 products/year equivalent to 1,380.5 tons/year
• Cables for computers and electronic devices: 30,000,000 products/year equivalent to 2,100 tons/year
• Metal components for industrial machinery (machinery for assembling ram connectors and connector devices): 1,080,000 products/year, equivalent to 810 tons/year.
100% of the project's products are for export.
PRODUCTS
Lotes has developed a wide range of wiring products, which are widely used in the computer, mobile phone, automotive and medical markets.
+ CPU sockets
+ Slot/Edge cards
+ Cables
+ Battery connectors
PROJECT PROGRESS
* Phase I (From 2021): The project will be implemented on an area of 60,000 m2 and will be implemented according to the following schedule:
No. |
Content |
Expected time |
1 |
Complete business registration procedures |
July, 2021 |
2 |
Start construction on Phase I factory |
October, 2021 |
3 |
Finish construction on Phase I factory |
February, 2023 |
4 |
Install Phase I machinery and equipment |
March, 2023 |
5 |
Move factory from Phuc Khanh to Thai Thuy |
April, 2023 |
6 |
Phase I test production |
May, 2023 |
7 |
Phase I official production |
June, 2023 |
8 |
Putting Phase I into operation at 100% capacity |
2025 |
* Phase II (From 2025): The project will be implemented on an area of 90,000 m2 and will be implemented according to the following schedule:
No. |
Content |
Expected time |
1 |
Carry out the preparation for construction investment |
From June, 2025 |
2 |
Start construction on Phase II factory |
January, 2026 |
3 |
Finish construction on Phase II factory |
June, 2027 |
4 |
Install Phase II machinery and equipment |
August, 2027 |
5 |
Phase II official production |
October, 2027 |
6 |
Stable production for both phases |
2028 |