ELECTRONICS
Hana Microelectronics Plc, a SET-listed electronic parts maker, is raising its capital expenditure by one-third to a record high of $40 million this year as revenue and earnings are poised to set a record.
This year's investment budget, mainly for the expansion of the Ayutthaya and Lamphun plants, is higher than Hana's average of $30 million and is up significantly from $23 million spent in 2009, said Issara Sivakul, the company's vice-president and general manager.
Construction of a 6,000-square-metre facility at the Ayutthaya site and a 3,000-square-metre building at the Lamphun factory will be completed in the final quarter to add 11% more capacity for Hana.
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About the author
- Writer: Nareerat Wiriyapong
- Position: Business Reporter
