Cammsys Viet Nam Company Limited (Vietnam)

Being established in early 2014 as a 100% foreign-invested company, the subject is engaged in manufacturing camera modules for smartphones. Those products are mostly supplied to Samsung's members in Vietnam, South Korea, Indonesia, India, Brazil, and Singapore... Electronic components and optical lenses used for its production are imported from South Korea and China.After reaching a peak of VND 16.33 trillion in 2020, the subject's net revenue suddenly dropped to the bottom of VND 10.063 trillion one year later. Then, sales of the company recovered remarkably in the first three quarters of 2022, as a revelation from the accounting department. However, due to the post-Covid economic recession, the production scale of Samsung's members has been narrowed clearly so the subject received fewer orders from these clients. Thus, the subject's business has become less busy since the last quarter of 2022. Noticeably, its labor force was clearly narrowed from around 3,000 people in late 2022 to around 2,000 people presently.