​​Japan's PCB Giant Meiko Commences Production at Vietnam's 5th Factory; $350M Phase 2 Project Underway​

​​Japan's PCB Giant Meiko Commences Production at Vietnam's 5th Factory; $350M Phase 2 Project Underway​​

July 30, 2025

Leading Japanese printed circuit board (PCB) manufacturer ​​Meiko Electronics​​ has officially launched operations at its fifth factory in Vietnam, marking a significant expansion in its Southeast Asian production network. The company has also announced plans to advance a ​​$350 million second-phase investment​​, further strengthening its foothold in the region.

​​New Factory Boosts High-Tech PCB Production​​

Located in ​​Hải Phòng​​, a key industrial hub in northern Vietnam, the new facility is expected to enhance Meiko’s production capacity for ​​high-density interconnect (HDI) PCBs​​ and ​​advanced substrate materials​​, catering to growing demand from global electronics manufacturers. The plant will primarily serve clients in ​​automotive electronics, consumer devices, and industrial applications​​.

Vietnam has become a critical production base for Meiko, thanks to its ​​skilled workforce, competitive costs, and favorable trade policies​​. The company’s previous four factories in the country already contribute significantly to its global supply chain, with exports to major markets like the ​​U.S., China, and Europe​​.

​​$350 Million Phase 2 Expansion in the Pipeline​​

With the fifth factory now operational, Meiko is preparing for its next major investment—a ​​$350 million second-phase expansion​​ aimed at further scaling production and introducing next-generation PCB technologies. The project is expected to create ​​thousands of additional jobs​​ and reinforce Vietnam’s position as a ​​key PCB manufacturing hub in Asia​​.

Industry analysts highlight that Meiko’s expansion aligns with the broader trend of ​​electronics manufacturers diversifying production away from China​​ amid ongoing geopolitical and supply chain uncertainties. Vietnam, with its ​​stable investment climate and free trade agreements​​, continues to attract major players in the tech supply chain.

​​Strengthening Global Competitiveness​​

Meiko’s latest move underscores its commitment to maintaining a ​​competitive edge in the PCB industry​​, where demand for high-performance, miniaturized circuit boards is surging due to advancements in ​​5G, AI, and electric vehicles (EVs)​​.

“Vietnam remains a strategic location for our global operations,” said a Meiko spokesperson. “This expansion ensures we can meet the evolving needs of our customers while optimizing cost efficiency and supply chain resilience.”

With the fifth factory now online and a major second-phase investment underway, Meiko is well-positioned to strengthen its leadership in the ​​global PCB market​​.