LUXSHARE - ICT ( VIETNAM ) LIMITED

LUXSHARE—ICT (VIETNAM) LIMITED is a major player in Vietnam’s electronics and communication equipment manufacturing industry. Established on October 5, 2016, it is a one-member limited liability company with Business ID 2400801174, registered under the Bac Giang Province Department of Planning and Investment. The company is a foreign direct investment (FDI) entity wholly owned by ICT-LANTO LIMITED (Hong Kong) and specializes in processing connection cables, mobile phone chargers, and electronic components, primarily for Apple products.

Management and Key Personnel

LUXSHARE - ICT (VIETNAM) LIMITED is led by:

• General Director: Mr. Kan Chen (Chinese)

With a workforce of 20,000 employees, the company has rapidly expanded its manufacturing capabilities in Bac Giang Province.

Financial Overview

LUXSHARE - ICT (VIETNAM) LIMITED has demonstrated substantial growth over the past three years. Key financial figures for 2023 include:

• Total Assets: USD 3.59 billion (+42.37% YoY)
• Total Sales: USD 3.73 billion (+28.41% YoY)
• Equity: USD 248.32 million (+75.4% YoY)
• Profit: USD 51.79 million (+58.08% YoY)

Despite significant growth, the company reported negative working capital (-USD 213.54 million), indicating potential liquidity challenges.

Business Operations

LUXSHARE - ICT (VIETNAM) LIMITED specializes in the manufacture of communication equipment, including:

• Connection cables, chargers, and smartwatches for Apple
• Wireless transmitters, webcams, and touch pens
• Electronic components and circuit boards

The company’s operations extend beyond production, involving metal processing, electronics repair, packaging, and the manufacture of computers and consumer electronics.

As LUXSHARE - ICT (VIETNAM) LIMITED continues to expand, risk management, business information, and financial data remain critical for sustaining growth and ensuring compliance with global supply chain demands. Vanguard Business Information LLC (VNBiS) provides essential insights into these areas, helping companies like LUXSHARE - ICT (VIETNAM) LIMITED navigate market challenges and optimize their operations.

With strong ties to global tech giants, LUXSHARE - ICT (VIETNAM) LIMITED is positioned to remain a leading electronics manufacturer in Vietnam and beyond.