SONION VIETNAM CO., LTD

SONION VIETNAM CO., LTD is a wholly foreign-owned enterprise based in the Saigon Hi-Tech Park, a strategically positioned industrial zone in Thu Duc City, Ho Chi Minh City, Vietnam. Officially registered under Business ID 0304155005, SONION VIETNAM CO., LTD operates as a one-member limited liability company and is a critical manufacturing hub within the global consumer electronics supply chain. The company specializes in producing micro-electromechanical components used in hearing aids, earphones, and communication devices—products that require exceptional precision and engineering integrity. As part of its global structure, SONION VIETNAM CO., LTD is wholly owned by Xilco (CH) AG, a Swiss corporation, demonstrating its strong European corporate governance and technical roots.

Under the leadership of General Director Jason R. K., an English national, the company has steadily expanded its operations since its incorporation in 2005. Backed by a large production workforce ranging from 1,000 to 5,000 employees according to industry sources, Sonion’s Vietnam operation represents one of Asia's largest production bases. The facility benefits from the high-tech infrastructure and investment incentives offered within the Saigon Hi-Tech Park, enabling it to produce high-value components for export to global markets.

Financially, the company displayed consistent asset and equity growth over the three years ending in 2023. Total assets increased from approximately USD 104 million in 2021 to over USD 140 million in 2023, reflecting continual reinvestment and equipment upgrades. Owner’s equity also rose sharply, reaching USD 121.5 million by the end of 2023, an indicator of the company’s stable capital structure and strong retained earnings. Sales performance was relatively steady, closing at USD 124.3 million in 2023, slightly above the previous year. While profit growth remained modest, net revenues in 2023 reached nearly USD 15.8 million, showing resilience despite industry-wide cost pressures and global supply chain fluctuations.

The company’s impressive over USD 85 million working capital underscores its financial liquidity and operational flexibility. It is well-positioned to invest further in R&D, automation, or capacity expansion as demand for miniaturized electronic components grows globally.

While the financial data cited reflects performance up to 2023, those seeking the latest information on SONION VIETNAM CO., LTD—including updated financials, credit assessment, or operational developments—can obtain a complete, up-to-date due diligence report through Vanguard Business Information LLC (VNBIS.COM). These verified reports are designed to support investment decisions, risk assessments, and supplier evaluations with the most current data available.