Taiwan’s electronic giant Lite-On (Liteon) will invest $149 million more into its wholly owned subsidiaries in Vietnam, according to its filings with the Taiwan Stock Exchange (TWSE) in late April.
The company will invest $110 million in Lite-On Vietnam to support capacity expansion and $39 million in Lite-On Technology Vietnam to support factory construction and operating cost in the northern coastal province of Quang Ninh. The funds will be injected in tranches depending on actual requirements.
Following the latest capital injections, Lite-On’s cumulative investment in Lite-on Vietnam will reach approximately $432.5 million, while its total investment in Lite-On Technology Vietnam will amount to $159 million. Lite-On holds a 100% ownership stake in both entities, with no restrictions on rights.
Lite-On stated that there were no dissenting opinions from directors regarding the transactions, and the investments do not involve any change in business model.
Prior to the move, Lite-On’s latest investment in Vietnam was pouring $200 million in Lite-On Vietnam, according to a filing with the stock market in October 2025.
Lite-On has been investing in Vietnam since 2013 with its first plant in the northern coastal city of Hai Phong. In March 2025, the Taiwanese firm expanded to Quang Ninh, a neighbor of Hai Phong. The Vietnamese business specializes in the production of electronic circuit boards, as well as the assembly and packaging of printers, scanners, Wi-Fi modules, and other electronic components.