LITE-ON Technology announced today that its previously disclosed U.S. investment plan will be located in McKinney, Texas, where it will establish a manufacturing and operations site with a total investment of approximately $919 million. The project is expected to create over 600 jobs, strengthening its North American market presence and operational capabilities, while capturing long-term growth opportunities from the rapid expansion of AI infrastructure and energy markets.
LITE-ON explained that its previously announced U.S. investment will be based in McKinney, including over $100 million allocated for facility acquisition. This project is one of the largest private investments in McKinney’s history, expected to generate more than 600 employment opportunities. This investment will further strengthen LITE-ON’s presence in the North American market and enable it to seize long-term growth opportunities arising from the rapid expansion of AI infrastructure and energy-related markets.
LITE-ON noted that the new manufacturing facility in McKinney will exceed 650,000 square feet in total area, supporting diverse functions such as manufacturing, operations, and engineering R&D. In addition to driving long-term local economic development, this investment will also deepen LITE-ON’s agile response capabilities and operational support capacity for its North American customers and partners.
Dr. Song Ming-Feng, Chairman of LITE-ON Technology, stated that this investment marks a significant milestone in LITE-ON’s global growth strategy. It not only further strengthens the company’s presence in the North American market but also integrates with its global operations network, leveraging synergies between regional and global resources to lay a solid foundation for future development. As AI infrastructure development and global energy transition continue to drive industrial transformation, this investment will further enhance LITE-ON’s global competitiveness and create long-term growth momentum for the company.
Building upon its existing operations in Texas, LITE-ON’s further investment in McKinney demonstrates the company’s long-term commitment to deepening its presence in the North American market. This investment will also enhance LITE-ON’s operational flexibility and service capacity, further strengthening its competitive advantages in the rapidly growing AI infrastructure and energy markets, and enabling it to capture growth opportunities in related industries.
FACT BOX
- Source: CNA (Central News Agency)
- Category: Funding