SEI ELECTRONIC COMPONENTS (VIETNAM), LTD.: Strengthening Vietnam’s Electronics Supply Chain

SEI ELECTRONIC COMPONENTS (VIETNAM), LTD. is a major player in Vietnam’s electronics manufacturing sector, with a strong industrial presence and over 16 years of operations since its establishment on June 2, 2008. Registered as a one-member limited liability company and holding Tax Identification Number 0101167728, the company is headquartered at Lot C-6, Thang Long Industrial Park, Vong La Commune, Dong Anh District, Ha Noi City. As a wholly foreign-invested enterprise (FDI), the firm is a critical part of the global production network of its parent company, Sumitomo Electric Industries, Ltd., based in Osaka, Japan.

Currently led by General Director Mr. Shingo Ueda, a Japanese national, SEI ELECTRONIC COMPONENTS (VIETNAM), LTD. operates a large-scale workforce of approximately 6,000 employees. Financial matters are overseen by Ms. Nguyen Thi Thu Huong, the Chief Accountant. The company maintains a strong professional structure, with multiple factory locations across Hanoi, including sites in both Thang Long and Quang Minh industrial parks. This geographic spread within Vietnam's capital region allows the company to leverage infrastructure advantages while supporting high-volume production.

The primary business of SEI ELECTRONIC COMPONENTS (VIETNAM), LTD. is the manufacture and assembly of flexible printed circuit boards (FPCBs) and related components used in mobile phones, hard disk drives, DVD players, printers, and other electronic devices. The company also produces plastic and metal parts and engages in the fabrication of specialized machinery. With its diversified product range, SEEV plays a pivotal role in supplying components essential to global electronics manufacturers.

Financially, SEI ELECTRONIC COMPONENTS (VIETNAM), LTD. has demonstrated resilience and growth in its asset and equity base. As of the fiscal year ending March 31, 2024, the company reported total assets of USD 214.06 million and equity of USD 110.39 million, marking notable year-over-year increases of 17.72% and 13.65% respectively. Despite a slight decline in revenue to USD 327.22 million and a 42.7% drop in profit to USD 7.26 million, the company's net worth remained solid at USD 107.47 million. The charter capital was recorded at USD 87.05 million, with a paid-up capital of USD 86.29 million.

With a registration under the Hanoi City Department of Planning and Investment, SEI ELECTRONIC COMPONENTS (VIETNAM), LTD. continues to expand its manufacturing capabilities and technological competencies. It serves as a cornerstone in the electronics value chain in Vietnam, benefiting from strategic Japanese investment and advanced manufacturing know-how. As the demand for flexible circuits and compact electronics continues to rise globally, the company is expected to retain its position as a key contributor to both Vietnam’s industrial development and the broader global electronics market.