US firm expands Dong Nai factory
(VOV) -On Semiconductor of the US on March 6 inaugurated its expanded factory in Dong Nai’s Bien Hoa 2 industrial park to raise its output by more than a double.
The company mainly produces hybrid integrated circuits, semiconductors for car, household electrical equipment and other industrial applications.
The second phase of the project cost the US firm an additional US$75 million, enabling it to increase its production capacity of hybrid integrated circuit from 20 million to 50 million units per year.
The company is currently employing some 1,500 employees and plans to recruit more technical workers to feed its future expansion scheme.
Chairman of the Dong Nai provincial People’s Committee Dinh Quoc Thai welcomed On Semiconductor’s expansion plan and said he hopes the firm will help attract more US investors to the locality.
He vowed to create the best possible conditions for the US firm to operate efficiently in the province.