Tamron announced today that it has decided to establish a new factory in Hanoi, Vietnam, based on its existing production base in Aomori Prefecture, Japan and overseas production bases in Foshan, China and Hanoi, Vietnam.
▲ Photo source Tamron official website
Tamron said the purpose of the move is to strengthen the company’s overall production system in response to medium- to long-term business expansion and to enhance a stable supply system, including supply chain and cost competitiveness.
Tamron new Vietnam factory has a land area of about 25,000 square meters, with an investment of about 4 billion yen (currently about 209 million CNY), and is scheduled to begin construction in October 2023 and start production in January 2025, mainly for the production of lenses for cameras, car recorders and surveillance equipment.
In addition, Tamron will report its fiscal year 2022 financial results on February 8.