LED enterprise Guangbao Technology invests billions in Gaoxiong new factory

by:ALLTOP      2019-12-17
Song Gongyuan, chairman of Guangbao technology (15)Japan will announce an investment of more than 10 billion yuan in Taiwan (New Taiwan dollar, the same below) The construction of a new factory in Kaohsiung's processing and export area will focus on automotive electronics, Internet, biotechnology and other industries in the future. This is a major investment case for enterprises in Taiwan after the new government came to power. Song Gongyuan, chairman of Guangbao technology (15)Japan will announce an investment of more than 10 billion yuan in Taiwan (New Taiwan dollar, the same below) The construction of a new factory in Kaohsiung's processing and export area will focus on automotive electronics, Internet, biotechnology and other industries in the future. This is a major investment case for enterprises in Taiwan after the new government came to power. It is understood that Guangbao made in Taiwan at the request of customers and decided to invest in Kaohsiung's processing and export area. It plans to expand its third production base in Taiwan with a small amount of production, high value-added products are mainly expansion projects with automotive electronics as priority. Guangbao's car electronics revenue exceeded yuan last year. Chen Guangzhong, vice chairman and chief executive of the group, pointed out in his speech last week that Guangbao's car revenue will reach of the group's revenue in 2018. In recent years, many Taiwanese businessmen have encountered difficulties in obtaining land for enterprises when they return home or attract foreign investment. A business owner said: even the five shares and one ping in Xinbei city cost 1 million yuan, and the land cost is too high. Guangbao's expansion of its production base in Kaohsiung's processing and export area is expected to take the lead and support Taiwan's manufacturing with actions. In 2016, Guangbao will mobilize the group to transform the five major IoT application fields of cloud, LED lighting, vehicle electricity, biological medicine and industrial automation, and will get rid of the pure contract manufacturing mode, chickens are raised for industries such as biomedical and automobile. Among them, the trend of electronic automobile has taken shape, and Guangbao's automobile electronics has run fast. In 2015, Guangbao's revenue from automobile-related products has exceeded 10 billion yuan. Song Gongyuan said that Guangbao has been invested in automotive electronics for more than 20 years. At present, 80 of the first-line factories are Guangbao customers.
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