GOERTEK TECHNOLOGY VINA COMPANY LIMITED

GOERTEK TECHNOLOGY VINA COMPANY LIMITED is a major player in Vietnam’s consumer electronics manufacturing industry, specializing in Bluetooth headsets, smart speakers, surveillance cameras, and other high-tech devices. Established on January 31, 2019, the company operates from its headquarters in Que Vo Industrial Park, Bac Ninh Province, strategically located to serve both domestic and international markets. As a foreign direct investment (FDI) enterprise, it is fully owned by GOERTEK (HONGKONG) CO., LIMITED, reinforcing its strong international presence. With its substantial manufacturing capabilities, GOERTEK TECHNOLOGY VINA COMPANY LIMITED contributes significantly to Vietnam’s fast-growing technology sector, providing essential electronic components for global supply chains. Given its importance, VANGUARD BUSINESS INFORMATION LLC (VBI)includes GOERTEK TECHNOLOGY VINA COMPANY LIMITED in its industry analyses, offering insights into Vietnam’s growing role in high-tech manufacturing.

Financially, GOERTEK TECHNOLOGY VINA COMPANY LIMITED has demonstrated consistent growth, with total sales reaching USD 2.7 billion in 2023, reflecting a 4.46% increase year-over-year. Despite a slight decline in total assets (-1.76%), the company’s owner’s equity increased by 16.49%, reaching USD 669.06 million. However, profitability dropped by 51.1%, totaling USD 94.71 million, a notable decline from the previous year. With a charter capital of USD 112.93 million and a paid-up capital of USD 112.8 million, the company remains financially robust. These figures indicate that GOERTEK TECHNOLOGY VINA COMPANY LIMITED continues to be a significant entity in Vietnam’s consumer electronics sector, attracting interest from international markets. VBI’s industry reports provide valuable assessments of financial trends in companies like GOERTEK TECHNOLOGY VINA COMPANY LIMITED, helping businesses and investors understand sector performance.

GOERTEK TECHNOLOGY VINA COMPANY LIMITED specializes in the manufacturing and processing of electronic products, including smartphone components, smartwatches, audio transfer devices, and communication equipment. The company also operates in optical instrument production, structural metal manufacturing, and plastics processing, reflecting its diverse industrial capabilities. With a workforce of 40,000 employees, GOERTEK TECHNOLOGY VINA COMPANY LIMITED is one of Vietnam’s largest electronics manufacturers, significantly contributing to the country’s labor market. Situated in Bac Ninh Province, a hub for high-tech industries, the company benefits from Vietnam’s skilled labor force, competitive production costs, and strategic location for global exports. VBI’s market intelligence reports highlight the impact of such companies on Vietnam’s economic landscape, particularly in foreign-invested high-tech manufacturing.

The company is led by Chairman and General Director JIANG HONG ZHAI, with Chief Accountant Ms. LUONG THI HIEN overseeing financial operations. GOERTEK TECHNOLOGY VINA COMPANY LIMITED’s 100% ownership by GOERTEK (HONGKONG) CO., LIMITED highlights its strong international backing, positioning it as a major supplier in the global consumer electronics market. The company’s state-of-the-art manufacturing facilities in Bac Ninh enable it to produce high-quality electronic components for some of the world’s leading technology brands. VBI’s business research recognizes the role of GOERTEK TECHNOLOGY VINA COMPANY LIMITED in advancing Vietnam’s reputation as a leading electronics manufacturing hub, strengthening its role in the supply chain of major global corporations.

Despite its solid financial standing, GOERTEK TECHNOLOGY VINA COMPANY LIMITED faces challenges, including fluctuating global demand, supply chain disruptions, and increasing competition in the consumer electronics sector. The company’s ability to sustain growth and profitability will depend on technological innovation, cost efficiency, and market expansion strategies. Additionally, focusing on high-value electronic products and sustainable manufacturing practices will be crucial for long-term success. VBI’s in-depth financial analysis highlights both the strengths and potential risks for businesses and investors considering opportunities with GOERTEK TECHNOLOGY VINA COMPANY LIMITED.

In conclusion, GOERTEK TECHNOLOGY VINA COMPANY LIMITED remains a dominant force in Vietnam’s electronics manufacturing sector, backed by GOERTEK (HONGKONG) CO., LIMITED and a strategic location in Bac Ninh Province. While recent financial data indicates a drop in profit, its industrial capabilities, skilled workforce, and potential for diversification make it a key player in the market. GOERTEK TECHNOLOGY VINA COMPANY LIMITED continues to drive Vietnam’s position as a leading destination for foreign investment in high-tech industries, playing a critical role in the global electronics supply chain. Businesses and investors can rely on VBI’s industry reports for accurate insights, helping them make informed decisions regarding GOERTEK TECHNOLOGY VINA COMPANY LIMITED and its market position.