Fuji Xerox Haiphong to raise localisation to 90 per cent

March 18, 2015 | 19:07

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Fuji Xerox Haiphong hopes domestically produced parts will contribute over 90 per cent of the product value generated in its first Vietnam-based plant.

“It would be nice to have 100 per cent, but the problem is we cannot source them,” said president Tadahito Yamamoto.

Domestically produced parts now make up 50 per cent of the value Fuji Xerox generates at Haiphong plant. However, Fuji Xerox Haiphong’s current suppliers are not Vietnamese firms but Japanese, Taiwanese and Chinese firms located in the country.

Apart from raising the localisation rate, the firm also intends to raise the capacity of the plant to its full level from the current 50 per cent and turn it into a production hub that will serve the entirety of the fast growing Asia Pacific region.

Fuji Xerox Haiphong started production in November 2013. The plant, which cost $120 million, is located in the Vietnam-Singapore Industrial Park in the northern port city of Haiphong and has an area of 57,563 square metres. Its products include multifunctional colour printers and LED printers, with the capacity of two million units per year.

Fuji Xerox targets to raise the portion of overseas revenue to 60 per cent of its total revenue in the course of the next two years, according to president Yamamoto. To reach the target, the firm is increasing marketing activities in growing markets such as Vietnam and Cambodia.

By By Khanh Tran

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