Wistron Corp.’s Vietnamese subsidiary plans to acquire NT$327 million (US$10 million) worth of manufacturing equipment from its sister company as the Taiwanese electronics manufacturer consolidates its operations in Southeast Asia.
Wistron Technology Vietnam will purchase the production equipment from Wistron InfoComm Vietnam, both wholly-owned subsidiaries of the Taipei-based contract manufacturer, according to a company filing. The transaction involves equipment previously owned by the parent company and other units, with transfers scheduled between 2023 and 2025 at book value.
The equipment acquisition aligns with Wistron’s broader expansion in Vietnam, where the company has invested US$24.5 million in recent years. The Vietnamese facility, which began operations in December 2021, focuses on manufacturing displays and servers. A second-phase plant expansion is set for completion in late 2024.
The move comes as Wistron accelerates its global manufacturing footprint diversification. The company has been expanding production capacity across multiple locations including Hsinchu and Tainan in Taiwan, as well as facilities in Malaysia, Mexico, India, and Vietnam.
The equipment transfer between the Vietnamese units is not expected to generate any disposal gains as the transaction will be conducted at book value, the company said. Both subsidiaries specialize in the production and assembly of LCD displays and computer peripherals.
