WISOL HANOI CO.,LTD is known as the Vietnam based-subsidiary company of WISOL CO., LTD. The subject's goal is to manufacture electronic components that are mainly supplied for Samsung in Vietnam and in other countries. In the context of unfavorable economic conditions, inflation, high-interest rates, and the Russia-Ukraine crisis, Samsung's leadership has moved to adjust its production plan from 334 million products in 2022 to 270 million products. It also means that the company continues to cut smartphone production in Vietnam for the second time this year. As a supplier for Samsung, the subject's operation was also affected by this. Ending 2022, net sales decreased by nearly 10% compared to the previous year. The subject is active in manufacturing components for mobile phones. Samsung is known as the company's major customer. According to the Chief accountant, its business activities in 2022 have not been good as the previous year due to a considerable reduction in orders. As a result, the subject's sales in 2022 could register a downtrend.
Headquarters
No. 26, Road 05, VSIP Bac Ninh Urban Industrial and Service Park, Phu Chan Ward
Bac Ninh; Red River Delta;
Postal Code: 16000
Contact Details: Purchase the Wisol Hanoi Limited Liability Company. report to view the information.
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