PRODUCTION PUSH:Following construction work at the plant, annual production capacity is said to have increased by 110 percent to 86 million handsets per year
Date: Jan 20, 2016
By: Lauly Li / Staff reporter
Inventec Corp (英業達), one of the main assemblers of Xiaomi Inc (小米) handsets, has recently completed an expansion of its plant in Nanjing, China, with annual production capacity set to double to 860 million handsets this year, an executive said.
To cater to rising demand from Xiaomi, the Taiwanese contract electronics maker in June last year approved a US$50 million expansion of the plant, with construction being completed earlier this month, David Ho (何代水), chief executive officer of Inventec’s subsidiary Inventec Appliance Corp (英華達), was quoted as saying by the Chinese-language Commercial Times and Economic Daily News.
The plant mainly assembles smartphones, but it is also manufacturing Internet-of-Things (IoT) devices for other clients, Ho said. [FULL STORY]