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Kinpo Electronics expands in the Philippines

The Taiwanese manufacturer of calculators and communication electronics, has opened its new facility in the Philippines.
The new – 143.100 square-meter – factory represents a USD 65.1 million investment. And the company will complete the construction of another 133.600 square-meter facility – worth USD 54.25 million – in the second quarter, according to a report in DigiTimes citing Kinpo president Simon Shen.

The completed facility – which will mainly produce calculators – has an annual production capacity of 60 million calculators and employs about 2.700 workers. The second facility will manufacture smart home appliances, the report continues.


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April 21 2018 3:38 pm V9.3.2-2