Nidec Electronics (Thailand) Establishes HDD Component Plant in Cambodia
AKP Phnom Penh, May 31, 2012 –
Nidec Electronics (Thailand), a subsidiary of Nidec Corporation, announced the establishment of a Hard Disk Drive (HDD) component plant in Poipet City of Banteay Meanchey, a northwestern province in Cambodia, and the production is expected to start in June this year, said on Monday a press release from the Kyoto-based Nidec Corporation.
According to the press release, named SC WADO (Cambodia) Co., Ltd., the new base plate manufacturing subsidiary was established in March 2012 with a total investment of approximately 1 billion Yen (over US$12.5 million). It is expected to increase to 3 billion Yen (about US$38 million) for the next two years.
The plant will begin its production in June 2012 with 350 workers, then 1,500 workers in 2013, and 5,000 workers in 2014, it added.
By KHAN Sophirom