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April 4, 2017
Augmenting Alps Electric’s Global Production Infrastructure
Plant Expansion at Wuxi Alps Electronics (China)
Alps Electric Co., Ltd. (Ota-ku, Tokyo; President: Toshihiro Kuriyama) plans to construct a new plant building on the current site of Chinese affiliate Wuxi Alps Electronics Co., Ltd. (No.5, Xingchuang 4 Road, Singapore Industrial Park, Wuxi City, Jiangsu, China) in order to increase production targeting the growing markets of smartphones, other mobile devices and automotive equipment. The project is scheduled for completion in February 2018.
Established in China in 1995, Wuxi Alps Electronics has been manufacturing a wide range of electronic components including various switches, touch panels and camera actuators. In recent years, the company has focused on producing components for smartphones and automotive equipment and now looks to increase the volume of production for these businesses, especially within the Chinese market. Alps Electric has therefore made an additional investment in Wuxi Alps Electronics for the construction of a new plant building on the company’s existing premises.
Construction of the new plant building will be advanced in cooperation with Chinese government departments such as the administrative committee of the Wuxi National Hi-Tech District.
The project will have minimal impact on consolidated financial performance for the fiscal year ended March 31, 2017.
【Outline of the Additional Investment and the New Plant Building】
Investment amount | Approx. \1.4 billion |
Plant area | 17,000m2 (two-story building) |
Scheduled completion | February 2018 |
Products | Electronic components for smartphones, other mobile devices and automotive equipment |
【Outline of Wuxi Alps Electronics】
Name | Wuxi Alps Electronics Co., Ltd. |
Established | January 1995 |
Location | No.5, Xingchuang 4 Road, Singapore Industrial Park, Wuxi City, Jiangsu, P.R. of China |
Site area | 90,195m2 |
Current plant area | 39,985m2 |
Business | Manufacturing of electronic components |
No. of employees | 2,400 (regular company employees as of Mar. 2017) |
About Alps Electric Co., Ltd.
Alps Electric (Tokyo: 6770) is a leading global manufacturer of high-quality electronic components for mobile devices, home electronics, vehicles and industrial equipment. With the philosophy of “Perfecting the Art of Electronics” Alps Electric supplies over 40,000 different components to about 2,000 companies all over the world. For more information, visit http://www.alps.com.