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Hana to Raise Investment in Thailand to $40 Million
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| 3 September 2010 |
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Hana Microelectronics announced that it is raising its capital expenditure by one-third to a record high of $40 million this year as revenue and earnings are poised to set a record.
The investment budget, mainly for the expansion of the Ayutthaya and Lamphun plants, is higher than Hana's average of $30 million spent in 2009, said Issara Sivakul, the company's Vice President and General Manager.
Construction of a six thousand square meter facility at the Ayutthaya site and a three thousand square meter building at the Lamphun factory will be completed in the final quarter to add 11 percent more capacity for Hana.
Source: Bangkok Post |
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