HANOI, Vietnam, Nov. 15, 2017 /PRNewswire/ -- Visteon
Corporation (NYSE:VC), a leading automotive electronics technology
supplier, and PT Astra Otoparts Tbk, an Indonesian market leader in
automotive component manufacturing, are expanding the production
and supply of instrument clusters and multi-function displays to
major vehicle and motorcycle manufacturers in Vietnam.
As a fully owned subsidiary of the PT Astra Visteon Indonesia, a
joint venture between Visteon and Astra Otoparts, the new
Vietnam facility will initially
manage pre-delivery, quality inspection and just-in-time delivery
of instrument clusters and information displays for Honda's
manufacturing facility in Hanoi.
"Strengthening our relationship with Honda – one of the world's
largest motorcycle manufacturers – Astra Visteon Vietnam will play
an important role in driving further growth by supplying innovative
electronics solutions in the fast-growing two-wheeler market," said
S.K. Banerjee, director of Visteon's
Asia operations. "Today's
consumers expect a connected mobility experience and, as partners,
we are in a strong position to lead the evolution of electronics
and software content in the motorcycle segment."
PT Astra Visteon Vietnam is located in Phuc Yen Town Vĩnh Phúc
in Hanoi, and will start
operations in January 2018. The
facility is established as a fully owned subsidiary of PT Astra
Visteon Indonesia which was established in 2011 as a 50-50 joint
venture between Visteon and PT Astra Otoparts Tbk.
About Visteon
Visteon is a global technology company
that designs, engineers and manufactures innovative cockpit
electronics products and connected car solutions for most of the
world's major vehicle manufacturers. Visteon is a leading provider
of instrument clusters, head-up displays, information displays,
infotainment, audio systems, SmartCore™ cockpit domain controllers,
and vehicle connectivity. Visteon also supplies embedded multimedia
and smartphone connectivity software solutions to the global
automotive industry. Headquartered in Van
Buren Township, Michigan, Visteon has approximately 10,000
employees at more than 40 facilities in 18 countries. Visteon had
sales of $3.16 billion in 2016. Learn
more at www.visteon.com.
About PT. Astra Otoparts Tbk
PT Astra Otoparts Tbk
(AOP), is a group of PT Astra International Tbk and a leading
manufacturing and trading company in Indonesia's largest automotive parts market,
headquartered in Jakarta,
Indonesia. With more than 52 subsidiaries and over 38.000
employees, AOP is the main supplier for all motor vehicle
manufacturers of two- or four-wheelers in Indonesia.
About PT. Astra Visteon Indonesia
Established in
April 2011, Astra Visteon Indonesia
is a 50:50 joint venture between Visteon and PT Astra Otoparts Tbk,
located in Citeureup, Bogor. Astra
Visteon Indonesia is a manufacturer and supplier of instrument
clusters and multifunction displays for leading motorcycle
manufacturers including Astra Honda Motor, Indonesia.
Follow Visteon:
www.twitter.com/visteon
www.youtube.com/visteon
http://blog.visteon.com
www.google.com/+visteon
www.linkedin.com/company/visteon
https://www.facebook.com/VisteonCorporation
https://www.instagram.com/visteon
http://www.slideshare.net/VisteonCorporation
View original
content:http://www.prnewswire.com/news-releases/visteon-and-pt-astra-otoparts-tbk-expand-supply-of-instrument-clusters-and-information-displays-to-vietnam-300556992.html
SOURCE Visteon Corporation