Inventec considering setting up factories in Japan, Singapore
nventec is considering setting up factories in Japan and Singapore in 2015, according to company chairman Richard Lee.
Japan-based clients, due to depreciation of the Japanese yen against the US dollar, have recently asked Inventec to set up assembly lines locally, Lee indicated. In view of business opportunities arising from the 2020 Olympic Games to take place in Tokyo, it is necessary to set up a factory for assembling products in Japan, Lee said.
The potential re-entry into Singapore is because of the Singapore market, proximity to Malaysia and Indonesia, as well as large business opportunities from the ASEAN (Association of Southeast Asian Nations) Economic Community, Lee indicated.
In addition, Inventec is setting up a factory in India to capitalize on incentives offered by the government, Lee said. The factory will produce notebooks for local vendors initially and may produce handsets and servers, Lee noted.
Currently, Inventec has overseas factories in China, Mexico and the Czech Republic.