GLONICS VIET NAM CO.,LTD

Established in 2012, Glonics Viet Nam Co., Ltd is a foreign direct investment manufacturer specializing in electronic components and mobile device audio parts, including loudspeakers and earphones. The company is located in Thai Nguyen Province, a growing electronics manufacturing hub that hosts several global supply chain players. Its operations span component production, metal fabrication, plastics processing, machinery manufacturing, and consumer electronics assembly, reflecting a broad industrial capability.

Glonics Viet Nam employs approximately 5,000 workers, supporting a large scale production platform that supplies components to international technology and electronics firms. Its business activities are diversified across multiple supporting industries, including metal casting, rubber manufacturing, and precision machining.

Leadership and Shareholders

The company is led by Oh K. S., General Director, who is responsible for production strategy, operational management, and coordination with global customers and suppliers. His leadership focuses on technical capability, cost efficiency, and compliance with quality and environmental standards.

Ownership is split evenly between two South Korean shareholders, each holding 50 percent equity. Lee D. H. owns half of the charter capital, while Bujeon Electronics Co., Ltd owns the remaining half. This structure aligns the company closely with South Korean electronics supply chains and provides long term strategic direction from its foreign parent entities.

Charter capital and paid up capital are fully registered at USD 5.19 million, equivalent to approximately USD 6 million based on the investor’s capital contribution.

Financial Growth and Market Risks

In 2023, Glonics Viet Nam generated revenue of approximately USD 80.21 million, a contraction of more than forty percent compared with 2022. Total assets decreased sharply, while equity remained stable, indicating consolidation of the balance sheet during a downturn. The company reported a net loss as production demand weakened across the global consumer electronics market.

Glonics Viet Nam operates in a sector impacted by fluctuations in smartphone demand, raw material price changes, labor cost dynamics, and rapid product cycle shifts. Currency movements and customer concentration risk also influence financial stability. A full evaluation of liquidity, profitability, credit exposure, and operational risk is available in the VNBIS Company Comprehensive Report, which provides detailed insights for suppliers, financing partners, and investors.

Business Intelligence and Risk Outlook

The company remains positioned within a region that continues to attract large scale electronics investments, giving it long term access to skilled labor, supporting industries, and major multinational clients. As global electronics demand stabilizes, recovery is expected to depend on production optimization, cost controls, and improved order flows from key customers.

Long term outlook will be shaped by the company’s ability to adapt to new component technologies, maintain product quality at competitive cost levels, and align with shifts in consumer device design. Strengthening financial flexibility and customer diversification will be important for sustaining competitiveness.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating Glonics Viet Nam Co., Ltd and its financial and operational position.

VNBIS services include:

• Company Credit Reports assessing solvency, liquidity, and financial health
• Risk Management Solutions analyzing exposure to electronics market cycles, capital structure, and profitability trends
• Business Verification and Due Diligence Reports confirming ownership, compliance, and operational legitimacy

Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.