The new plant, spanning over 6.27 hectares, will specialize in producing absolute angle sensors for electric vehicle motors. With an investment exceeding USD 35 million, the plant is expected to commence operations by early Q2 2025, aiming for an annual production capacity of approximately 14.49 million units.

At the groundbreaking ceremony, Mr. Yasuo Hagimoto, Chairman of Tamagawa Vietnam, expressed his gratitude for the enthusiastic support from Quang Ninh Province, local authorities, the Provincial Economic Zone Authority, and Amata Ha Long Urban Joint Stock Company. He noted that the company was able to commence construction just six months after receiving the investment certificate in November 2023.

Mr. Hagimoto emphasized that the new plant would play a central role in Tamagawa's production strategy. The company's objective is to make Tamagawa Vietnam the world's leading manufacturer of actuator and motor sensors, contributing to the development of Quang Ninh Province and Vietnam as a whole.

Mr. Nguyen Van Nhan, General Director of Amata Ha Long Urban Joint Stock Company, the infrastructure investor for Song Khoai Industrial Park, shared that the industrial park has attracted 18 projects from 15 investors. This year, seven projects, including notable ones by Foxconn and Autoliv, are expected to become operational.

Tamagawa Seiki Corporation, founded in 1938, is a venerable Japanese conglomerate. Its main products include high-precision industrial manufacturing components and advanced technology sensors for the automotive, aerospace, and aviation sectors. Since its inception, Tamagawa Seiki has continually enhanced the angular precision of control devices such as sensors, motors, and high-precision gyroscopes. Today, Tamagawa Seiki is one of the few manufacturers worldwide capable of developing both 2D and 3D position/angle sensors. The company collaborates with numerous major partners, including Mitsubishi Heavy Industries, Kawasaki Heavy Industries, Fuji Heavy Industries, Mitsubishi Electric, NEC, Toshiba, Hitachi, Toyota, Honda, the Japan Ministry of Defense, and the Japan Aerospace Exploration Agency.

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