Mr. Simon Shen, CEO of the largest electronics manufacturer in Southeast Asia, the New Kinpo Group, talks about his company's major moves to establish their major manufacturing hubs in the Philippines and Thailand. It's printer manufacturing business, alone, manufactures 27 million units per year.
With eyes on the rapidly rising incomes of the Southeast Asia markets, New Kinpo Group's Philippine subsidiary will list at the Philippine Stock Market in November of 2019, with their initial public offering. Founded in Taiwan in 1973, the New Kinpo Group has grown to become one of the biggest industrial companies with estimated combined revenues of $38 billion in 2018. Shen's group alone with 12 business units is expected to contribute $6.8 billion in revenues this year. NKG has 72 factories employing 108,138 employees. Read more from Money UDN here Comments are closed.
|
ABOUT PTIC TAIPEI
The Philippine Trade & Investment Center in Taipei is the Commercial Affairs Section of the Manila Economic and Cultural Office and the representative office of the Philippine Department of Trade & Industry in Taiwan Archives
April 2021
|