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Top 5 electronic components manufacturers in Vietnam

Top 5 electronic components manufacturers in Vietnam

Monday 09, 05 2022
Vietnam's electronics industry plays a very important role in economic development, accounting for a large proportion of GDP. However, the majority of electronic component manufacturers in Vietnam are FDI enterprises.

Below is detailed information about the 5 largest electronic component manufacturers in Vietnam, compiled by VietnamCredit.

1. DAEWOO ELECTRONIC EQUIPMENT VIETNAM CO., LTD

Daewoo is a large Korean electronics corporation established in 1973. In the early 1990s when Vietnam’s economy was entirely open to the world and freed from the US embargo, Daewoo entered the Vietnamese market.

The company operates mainly in the field of manufacturing electronic components and auto parts. Its main products include controller, capacitor, power capacitor which are widely used in electrical and electronic equipment industry.

Since this is an FDI enterprise, its financial information is quite limited. However, thanks to VietnamCreidt’s huge source of information, it is known that Daewoo Vietnam's revenue in the period of 2019 - 2021 experienced slight fluctuations. Specifically, in 2019, this business recorded a revenue of about 1.9 million USD, this figure in 2020 and 2021 reached 1.7 million USD and 1.8 million USD respectively.

DAEWOO ELECTRONIC EQUIPMENT VIETNAM

Source: VietnamCredit

2. CARISTECH BAN NBW COMPANY LIMITED

Caristech Ban Nbw Co., Ltd was established in 1999 in Korea. This is the leading distributor and supplier of chips and electrical - electronic components in the world. The company has branches in many countries such as Hong Kong, Canada, China, and Philippines. The company entered the Vietnamese market with charter capital of 1,900,000,000 VND.

Caristech's outstanding products are Ceramic processor, Murata MLCC, Samsung MLCC, Tantal Capacitor, Tantal chip, Inductor processor chip, Resistor chip, Samsung Memory and other types of electronic devices such as: sensors, rheostats, fuses, capacitors, resistors, potentiometers, ICs, etc.

In 2021, Caristech recorded revenue of 1.6 million USD, down 0.1 million USD compared to 2019.

CARISTECH BAN NBW COMPANY LIMITED

3. GENESIS VINA SERVICES TRADING COMPANY LIMITED

In 2019, with 100% Korean investment, GENESISTEK VINA CO., LTD was established with the desire to contribute to the development of the electrical-electronics industry in Vietnam. GENESISTEK VINA always brings quality electronic components products in accordance with the requirements of customers throughout Vietnam. The company has many branches in countries such as China, Philippines, Canada, Hong Kong, etc.

The company specializes in providing the following products:

  • Capacitor Chip : Viiyong MLCC, Samsung MLCC, Walsin MLCC, Yageo MLCC, Murata MLCC, ...

  • Resistor Chip : UniOhm, TA-I Tech, Walsin, Yageo, ...

  • Diode, Transistor, R-Carbon,...

Despite being a new business in Vietnam, Genesistek has recorded impressive revenue growth. In 2019, when it was established, Genesistek's revenue was 261 thousand USD. In 2020, this figure increased to 1.9 million USD.

GENESISTEK VINA CO., LTD

4. VIET NAM ABECO ELECTRONIC COMPANY LIMITED

Vietnam ABECO Electronic Company Limited was established in July 2010. The company is one of the members of ABECO group, headquartered in Taiwan. ABECO's main field is trading and distributing all kinds of electronic components such as passive components and semiconductor components.

ABECO is also a manufacturer and distributor of LED interior and exterior lighting products for markets in Asia and Europe. ABECO Vietnam specializes in providing discrete electronic components including capacitor, resistor, ic, mosfet, quartz, battery, and led light.

Although most businesses were affected by the pandemic in 2021, ABECO Vietnam's revenue still doubled compared to 2020. Specifically, this business's revenue in 2020 was nearly 500 thousand USD while in 2021 this figure was 941 thousand USD.

Vietnam ABECO Electronic Company Limited

5. TH ELECTRONIC TECHNOLOGY COMPANY LIMITED

TH Electronic Technology Co., Ltd is a distributor of components and materials for the electronics industry, established in 2014 with more than 15 years of experience in distribution. Since 2014, the company has been engaged in the production of materials for the electronic components industry.

As a young company, with its efforts and determination along with experience, technological knowledge and constant creativity, the company has made an important contribution to the development of the electronics industry in Vietnam.

In the last 3 years, the company's revenue has remained at around 500 thousand USD.

TH Electronic Technology

Alice Hoang Thao

VietnamCredit

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