Laird Launches New Manufacturing Facility in Vietnam to Expand Presence Throughout Asia

  Laird Launches New Manufacturing Facility in Vietnam to Expand Presence
  Throughout Asia

 New plant will bolster Laird’s design and manufacturing capabilities for the
              global smartphone and portable electronics market

Business Wire

HANOI, Vietnam -- June 11, 2014

Expanding its international reach and proximity to key Asian markets, global
technology company Laird (LRD: London) has opened a new manufacturing plant
near Hanoi – its first in Vietnam -- to better serve manufacturers of smart
phones, portable electronics and other devices, it was announced today.

Laird’s state-of-the-art facility in Bac Ninh is one of more than 50 Laird
facilities in Asia, Europe and the United States. The plant began fully
operating Wednesday following a festive ceremony led by Laird Chief Executive
Officer David Lockwood, and attended by employees, regional dignitaries,
government officials and journalists.

“Vietnam has grown to become a leading manufacturing center for many global
technology companies, and we’re very glad to be among them,” Lockwood told the
audience. “This plant will further strengthen our design and manufacturing
capabilities worldwide.”

Lockwood also said the facility “underpins Laird’s growth prospects for 2014
and beyond.”

Laird has more than 9,000 employees worldwide, and joins a growing chorus of
the world’s leading multinational corporations making foreign direct
investments (FDI) in Vietnam. As of April, there were more than 16,300 active
FDI projects nationwide by investors from 100 countries, according to
government statistics.

The facility will predominantly manufacture precision metals and electronic
materials for Laird’s Performance Materials Division, which designs and
supplies electromagnetic interference shielding, thermal management solutions
and signal integrity products for the smart phone, transportation,
IT/telecoms, medical and consumer industries worldwide.

The Bac Ninh plant, Lockwood said, will complement Laird’s new design center
and its newly acquired Model Solution prototype business, both in Seoul, South
Korea, and other Laird facilities in China and Malaysia.

Laird’s growth will also be delivered through its Wireless Systems Division,
which designs and supplies a broad range of products, systems and software
solutions that enable wireless communications such as “smart” antenna
solutions, automotive telematics, M2M, V2V and V2X infrastructure antennas,
embedded wireless and automation and control solutions.

Laird operates 14 other facilities throughout Asia, where it conducts research
and development, manufacturing, prototyping and engineering, and provides
support to customers in the region.

For more information about Laird, please visit http://www.lairdtech.com

Contact:

Laird
Paul Mottershead, +44 7711 039095
Director of Communications
P.mottershead@laird-plc.com
or
Biz Tequila, for Laird
Pham Ngoc Tram Anh, +84932235991
Anh.pnt@biz-vietnam.com
 
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