This is the second Anam Electronics plant to be built in Ha Nam after their initial factory in the province was established in Dong Van II Industrial Zone in Duy Tien District.
Wholly owned by the ROK, Anam Electronics specializes in the designing, manufacturing, and selling of electronic audio products in the Republic of Korea. The company supplies products to leading audio manufacturers in Japan and the US such as Harnam Kardon, Denon, Marantz, JBL, and Yamaha.
Since it began operations in Ha Nam in 2014, Anam Electronics has expanded its production area to 3 times its original size with a total investment of US$77.5 million.
Kim Tae Soo, managing director of Anam Electronics Vietnam, said the company's investments will be focused on improving the quality and quantity of its products and has set itself the export target of reaching US$300 million by 2020.