Top Total Solution, a one-stop manufacturing parts specialist company (CEO Park Young-geun), announced on the 18th that it has expanded its production capacity through the completion of its Vietnam Plant C.

The newly opened Vietnam Plant C was constructed with a total floor area of 9,788㎡ (approximately 2,961 pyeong) and consists of a three-story production building. The main facilities initially installed include six large injection molding machines and an integrated process line capable of producing key components of IT Mobile P-OLED such as Stiffener and Bend PSA. In the future, production facilities for BLU (Back Light Unit) and HUD (Head-Up Display) will also be installed. Through this expansion, the production capacity (CAPA) of IT Mobile P-OLED parts has increased from 96 million units annually to 180 million units, and the newly installed large injection molding machines are expected to have an annual production capacity of 1.66 million units.

This expansion was carried out to respond to increased orders from major clients LG Electronics and LG Display. LG Display’s order plan for OLED panels for a new model of global IT company A, supplied by LG Display, has increased by 50% compared to previous models, and LG Electronics has also seen a rapid increase in demand for automotive convenience equipment, with the order backlog for the automotive business approaching 80%. Accordingly, Top Total Solution has secured stable product supply capabilities to its major clients LG Electronics and LG Display through the expansion of Vietnam Plant C.

Top Total Solution has maintained a strategic partnership with LG Group, its client, for about 35 years. Based on the solid sales and business expansion of LG Group companies, it has continuously strengthened its partnerships and expanded overseas production bases alongside LG Group. Top Total Solution operates business sites in a total of six countries, including Vietnam, Poland, China, Mexico, Indonesia, and South Korea, employing a strategy to diversify geographical risks and maintain stable business operations.

Park Young-geun, CEO of Top Total Solution, stated, “Through the expansion of the Vietnam plant, we have established a foundation to proactively respond to the needs of our major clients. Going forward, the company will focus on diversifying its business portfolio and securing stable production capacity to grow alongside our clients and ultimately leap forward as a global IT parts manufacturing specialist.”

This content was produced with the assistance of AI translation services.