Automotive giant Delphi is investing $40.5 million to increase the manufacturing capability of its Electronics and Safety Division in the Suzhou Industrial Park in China.
Hardly surprising, considering the fact that China is now the world’s fourth-largest automotive producer and consolidated revenue for Delphi China was $650 million, an approximately 50% increase over the previous year.
Construction has started on a new facility and Delphi plans to complete it by the third quarter 2004. The facility will cover the company’s entire production process from circuit board assembly to packaging and testing.
Delphi Electronics & Safety established its first facility in Suzhou in 1996. The current facility in Suzhou produces audio systems, body computers, powertrain controllers, security products and airbag controllers.
In December, Delphi announced it was to invest $50 million in a new R&D technical centre in Shanghai.