On June 29, USI released the minutes of its investor relations activities, providing further clarification on its strategic layout within the optical communications sector. The company outlined its plans to initiate the search for investment targets in the latter half of 2024 and finalize the acquisition of Chengdu Opticom by early 2026. Concurrently, USI is pushing forward with expansion investments at both Chengdu Opticom and its factory located in Haiphong, Vietnam. Production at these sites is slated to commence in the latter half of this year, with substantial business growth projected for the coming year.
Chengdu Opticom's production capacity for optical engines is expected to surge to 100,000 units per month by the end of August and double to 200,000 units per month by the year's end. If all goes according to plan, there is potential for further expansion to 300,000 units per month in the first quarter of 2027.
Meanwhile, in Vietnam, the base will finalize its investment to achieve a production capacity of 100,000 optical engines per month in the third quarter and an additional 100,000 optical modules per month in the fourth quarter. There is also the possibility of expanding this capacity to 200,000 units per month in the first half of next year.
