CTTV was established by FOXCONN SINGAPORE PTE LTD in Oct 2019, which is a member of HON HAI Group. It is managing “S – Vietnam project” on areas of 100,000 sqm at Lot CN-05, Dong Mai Industrial Park, Dong Mai Ward, Quang Yen Town, Quang Ninh Province, focusing on manufacturing and assembling TV, LCD/OLED modules and printed circuit board for televisions. It started production in Nov 2020 and had the first export shipment in Dec 2020. As shared, its key customer is Sony Corporation. Based on updated information from the Ministry of Natural Resources and Environment, in 2023, the subject registered to raise its production scale by installing more production lines for manufacturing some new products such as robot vacuum cleaners, radiators, radiator fans, and Led light bars, making its capacity increase from 3.8 million products per year to 10.9 million products per year. We tried to contact the subject to update more on this extension situation but could not. The accountant of the subject only revealed that due to general difficulties of the economy, the order volume of the subject was also reduced remarkably. The revenue of the subject in 2023 is estimated to be not as good as 2022's.
Headquarters
Lot CN-05, Dong Mai Industrial Park, Dong Mai Ward
Quang Ninh; North Eastern Vietnam;
Postal Code: 01000-02000
Contact Details: Purchase the Competition Team Technology (Vietnam) Company Limited report to view the information.
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