ITM SEMICONDUCTOR VIETNAM COMPANY LIMITED

ITM SEMICONDUCTOR VIETNAM COMPANY LIMITED is a prominent foreign-invested enterprise operating in Vietnam's fast-growing electronics industry. Established on April 18, 2014, and legally registered as a one-member limited liability company, the firm carries the Tax Identification Number 2300847785. With over a decade of operations, the company has firmly positioned itself within Bac Ninh Province, a key industrial region in northern Vietnam. Its registered head office is located at No. 6, Road 11, VSIP Bac Ninh, Phu Chan Ward, Tu Son City, Bac Ninh, and it operates several production facilities nearby, reflecting its strong physical presence and large-scale manufacturing capacity.

At the helm of ITM SEMICONDUCTOR VIETNAM COMPANY LIMITED is Mr. Jung Wangyo, a South Korean national who serves as the General Director. Under his leadership, the company employs approximately 3,500 workers, contributing to both the regional economy and the high-tech labor force in Vietnam. Mr. Jung's management reflects the company's deep-rooted ties to South Korea, where its parent company, ITM SEMICONDUCTOR CO., LTD, is based. With 100% foreign ownership, the company exemplifies successful South Korea–Vietnam economic cooperation in the high-value electronics sector.

The core business of ITM SEMICONDUCTOR VIETNAM COMPANY LIMITED revolves around the manufacturing and processing of key electronic components. These include advanced battery systems such as lithium-ion battery cells, protective integrated circuits (PMP and PTC), and associated parts like PCM boards, antennae, labels, and specialized plastic frames. The company also engages in the production of sensors and various electronic boards used in high-performance devices. Its products are vital to a wide range of applications, from mobile electronics to automotive technology, demonstrating the company's strategic importance in global supply chains.

Financially, despite a challenging year in 2023, ITM SEMICONDUCTOR VIETNAM COMPANY LIMITEDmaintains a strong asset base and operational infrastructure. Its total assets stood at USD 316.17 million, while net sales reached USD 332.82 million. The company's equity was reported at USD 53.06 million, and its net worth was USD 51.82 million. However, it recorded a net loss of USD 27.15 million in 2023, and its working capital remained negative at USD -165 million, reflecting short-term liquidity pressures amid a broader industry downturn. The firm’s charter capital is USD 132.43 million, of which USD 112.29 million has been paid up as of the end of 2023.

Incorporated in Bac Ninh Province and operating under the governance of the Department of Planning and Investment, ITM SEMICONDUCTOR VIETNAM COMPANY LIMITED is a vital player in Vietnam’s industrial ecosystem. Despite recent financial headwinds, the company’s deep capital resources, experienced leadership, and advanced manufacturing capabilities signal long-term resilience and strategic relevance. As global demand for electronics rebounds, the company is well-positioned to regain momentum and expand its influence across regional and international markets.