The Vietnamese Chinese, Japan and South Korea LED enterprises affected
Source: Date:2018-03-05

The Vietnamese Chinese vandalism burning incident continues to ferment, the Agence France-Presse reported a dozen China factory is ignited, as of May 14th afternoon, the Vietnamese police have arrested 500 anti Chinese riots.

Since the end of the last century, TCL, SUPOR, Haier, Midea, China appliance enterprises has invested factories in Vietnam, but in addition to the current United States, whether other enterprises and their employees at Chinese remains to be verified.

In May 13th, China Embassy in Vietnam once again reminded to do security work in Vietnam, Chinese enterprises and personnel, reduce unnecessary to go out. The China employees said, 13 days afternoon 6 when, he and more than 100 colleagues have settled in the Hu Zhiming hotel in the protection of riot police under the temporary security.

On May 14th, Chinese Foreign Minister Wang Yi urged Vietnam to calm down, Chinese respect for sovereignty and jurisdiction, do not attempt to further complicate the situation and expand. In the afternoon, according to the feedback in the Chinese users, the situation is slightly more stable.

In Lhasa, personal safety is most important, and after the event, the impact on the household appliances industry will exist for a long time. Vietnam local population, weak infrastructure, the overall household appliance market capacity is limited, but with rising labor costs Chinese, Vietnam and other Southeast Asian countries have gradually become a new fertile ground for the home appliance production base, household electrical appliance enterprises in the United States, South Korea, Japan and other countries have been in Vietnam opened several rounds of the transfer of production capacity, investment in the tide time in the country's vandalism burning incident, household appliances R & D and production base or will have long-term effects.

LED companies to invest in Vietnam overview:

Chinese enterprise:

TCL group: TCL (Vietnam) Co. Ltd is located in Vietnam Hu Zhiming City, 1999, TCL officially stationed in Vietnam market, investment in Vietnam to build factories in 2009, color TV; TCL in southern Dongnai build factory.

The group of the United States: in January 2007, the United States in the Vietnam Hu Zhiming City, small household electrical appliances production base completed production base, investment of $25 million, has the annual manufacturing capability of 5 million -800 million units of small household appliances.

South Korean enterprises:

Samsung Electronics: March 2013, Samsung invested $2 billion in Taiyuan province in northern Vietnam built production base. The base will be used for the production of mobile phone, digital camera and notebook computer, the design production capacity is about 10 million pieces per month, has been put into use.

LG: in October 1996, Vietnam LG electronics company put into operation; in February 2013, LG plans to invest $300 million in the coastal city of Vietnam, built a large factory of 400 thousand square meters of production of home appliances in 2020, the factory is expected to become the largest overseas LG electronic factory.

Japanese companies:

Panasonic: 1996, Matsushita invested $8 million in Vietnam to establish a joint venture company, invested $23 million to build a home appliance production base, invested $76 million 400 thousand to build a automatic data processor, office equipment and communications products production base; 2007, Matsushita invested $500 thousand in Hanoi Vietnam set up R & D center; June 2008 in Vietnam with liquid crystal TV assembly factory in 2011; to invest 25 billion yen to build a washing machine, refrigerator and intelligent mobile phone board production base.

Sharp Co: July 2009, SHARP Electronics Co. Ltd. Vietnam officially began operations, headquartered in the city of Hu Zhiming, a registered capital of $6 million, for the television, white goods and other products sales.

LED more information, please pay attention to Chinese LED network's official website or WeChat public account (cnledw2013).

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