New Kinpo Group Opens New Factory in Philippines
Largest Consumer Electronics Manufacturing Site in the Country to Serve Global Customers
BATANGAS, Philippines – April 2, 2015 – New Kinpo Group (NKG), a leading global electronic manufacturing services (EMS) and original design manufacturing (ODM) company, today announced a new factory in Batangas, Philippines. In 2014, Kinpo Holdings, the parent company of NKG, reported its annual revenue of more than $35 billion; NKG’s annual revenue is $7.23 billion.
NKG continues to invest throughout Southeast Asia in order to offer customers greater flexibility, lower costs, faster delivery times and world-class product quality. This is NKG’s first factory in the Philippines and 19th in Southeast Asia. The overall campus space is 140,000 square meters and will include three facilities. The factory will be 45,000 square meters and is expected to be completed by Q2 of 2015.This highly-automated, vertically-integrated factory will be dedicated to consumer product manufacturing.
“We continue to see a shift in manufacturing and industrial development to Southeast Asia,” said Simon Shen, CEO of New Kinpo Group. “Most of the production lines housed in our new Philippines facility are relocations from China. We were early to see manufacturing potential in the Philippines, with sufficient labor talent, a stable political environment and proper infrastructure, and will bring additional business here in the future as the conditions are ideal for EMS companies like New Kinpo Group. At this factory, we will have more than 8,000 employees producing nearly 1 million electronics each year for esteemed customers including CASIO, Texas Instruments and Citizen Systems.”
From the start, New Kinpo Group has seen the opportunities that exist in Southeast Asia – as the rest of the world catches up to the manufacturing possibilities in this region of the globe. The company established a presence in this region to produce at the highest quality possible. As a result, the company’s international customers are able capitalize on its robust infrastructure to deliver top-quality, cost-effective products at faster delivery times.
NKG’s EMS and ODM business spans multiple product lines, including storage, printers, NAS, wireless and broadband, digital home, consumer electronics, wearables, 3D printing, robotics, power management and smart grid, industrial, automotive, security, medical/healthcare and emerging technologies. NKG’s focus and orientation on products have propelled the company to be the world’s leading manufacturer of wireless routers, TV set top boxes, printers and hard disks drives.
About New Kinpo Group
New Kinpo Group (NKG) is a global electronic manufacturing services (EMS) and original design manufacturing (ODM) company that offers its customers lower costs, faster delivery times and world-class product quality. With revenue of more than $7 billion, the company is heavily invested in Thailand, Philippines, Brazil, Mexico and the U.S. NKG has one of the industry’s broadest product lines, is the world’s number one manufacturer of wireless routers, TV set top boxes, printers and hard disk drives, and offers end-to-end service. For more information and ongoing news, please visit http://www.newkinpogroup.com/english/about_news.html.