CôNg Ty TráCh NhiệM HữU HạN Fushan Technologies ViệT Nam
Business Opportunity Assessment Report

Comapny Tpye: Industry and Trade Integration

Main products: Capacitors, Mobile Phone Components, Electronic Packaging Materials

Report Creation Date: 2026-04-30

Company Snapshot

Fushan Technology (Vietnam) Limited Liability Company is a Foxconn Group subsidiary operating in VSIP Bac Ninh Industrial Park, Vietnam. It functions as an electronics manufacturing services (EMS) and original design manufacturer (ODM) facility specializing in mobile phone components and assemblies. The company inherited infrastructure and management systems from Nokia and Microsoft before joining Foxconn in 2016, and reported a 44.34% net sales revenue growth in 2024 — signaling strong operational scaling and integration into global supply chains.

Company Attributes

Trade Trend Analysis

Data interpretation: Transaction volume surged dramatically from ~1 billion units/month in late 2024 to over 2.6 billion in mid-2025, peaking at 2.79 billion in August 2025 — followed by a moderate correction to ~2.2 billion in early 2026. This reflects high-volume, cyclical production tied to flagship product launches or seasonal demand cycles, with consistent shipment frequency (14k–28k transactions/month). The near-zero activity in 2023 suggests a ramp-up phase post-Foxconn integration. Recent trade activity shows strong continuity but declining momentum versus the 2025 peak — indicating possible capacity stabilization or product lifecycle transition.

Year-Month Transaction Volume Transaction Count
2026-02 37,806,200 1,410
2026-01 2,194,520,000 24,895
2025-12 1,545,750,000 22,939
2025-11 1,410,120,000 21,327
2025-10 1,854,270,000 24,841
2025-09 2,239,590,000 26,707
2025-08 2,615,420,000 27,870
2025-07 2,089,300,000 28,259
2025-06 1,859,570,000 26,615
2025-05 1,895,080,000 26,563

Trade Partner Analysis

Data interpretation: The supplier base is highly concentrated — top 3 partners (FIH Hong Kong Ltd., Murata, Hengyang Futaihong) collectively account for 30% of all transactions. FIH Hong Kong Ltd. alone contributes 16% of total transaction count, confirming its role as the primary intra-group logistics and component distribution hub. Geographically, suppliers are overwhelmingly Asian (China, Hong Kong, Taiwan, Philippines), aligning with regional electronics supply chain clustering. Notably, Vietnamese domestic suppliers (e.g., Yuhua Vietnam, Cong Ty TNHH Dong Thanh Gia) appear among top 20 — reflecting growing local sourcing depth. Supplier relationships show exceptional stability (all marked "Maintained"), but extreme concentration around FIH signals systemic dependency risk on a single Foxconn-controlled entity.

Trade Partner Transaction Count Share Country Role Latest Transaction
FIH Hong Kong Ltd. 58,899 16.02% Hong Kong Supplier 2026-02-28
Murata 30,105 8.19% Russia Supplier 2026-02-08
Hengyang Futaihong Precision Industries Co Ltd. 20,330 5.53% China Supplier 2026-02-11
Walsin Technologies Corp. 11,377 3.09% Philippines Supplier 2026-01-31
Yageo USA HK Ltd. 9,963 2.71% China Supplier 2026-01-29
Yuhua Vietnam Packaging Technologies Co.Ltd. 8,250 2.24% Vietnam Supplier 2026-02-08
Hongkong Viiyong Electronics Technologies Ltd. 7,952 2.16% Hong Kong Supplier 2026-01-31
Ennoconn Corp. 7,527 2.05% Taiwan Supplier 2026-01-22
Shenzhen Fu Taihong Precision Industries Co.Ltd. 6,290 1.71% China Supplier 2026-02-28
Guangdong Fenghua Advanced Technologies Holdings 6,191 1.68% China Supplier 2026-01-27

HS Code Analysis

Data interpretation: HS 85322400 (fixed capacitors for circuits, >0.1μF) dominates with 16% share — directly supporting mobile phone RF and power management modules. HS 85332100 (variable resistors) and 85177921 (mobile phone parts, n.e.s.) reinforce focus on smartphone component assembly. High representation of packaging-related codes (39199099 — self-adhesive plates; 39269099 — plastic fittings) confirms vertical integration into protective and functional packaging. All top 20 HS codes fall under Chapters 39 (plastics), 73/84/85 (electrical machinery & parts) — fully consistent with EMS/ODM scope. HS code distribution reflects mature, standardized production of passive components and subassemblies — low diversification risk but also limited exposure to high-margin active semiconductors or system-level integration.

HS Code Description Transaction Count Share Latest Transaction
85322400 Fixed capacitors for circuits, >0.1μF 58,990 15.97% 2026-01-31
39199099 Self-adhesive plates, sheets, film, foil, tape 28,776 7.79% 2026-01-31
85332100 Variable resistors 27,564 7.46% 2026-01-31
85177921 Parts of mobile phones, n.e.s. 20,263 5.49% 2026-01-31
85045010 Inductors for circuits 20,170 5.46% 2026-01-31
85423900 Electronic integrated circuits, n.e.s. 17,254 4.67% 2026-01-31
85045020 Transformers, <1 kVA 11,826 3.20% 2026-01-31
85416000 Diodes, transistors, thyristors 10,924 2.96% 2026-01-31
39269099 Plastic fittings for electrical apparatus 9,082 2.46% 2026-01-31
48191000 Cartons, boxes, cases of corrugated paper/board 7,051 1.91% 2026-01-31

Trade Region Analysis

Data interpretation: Sourcing is overwhelmingly regional — Hong Kong (46.3%), China (22.4%), and Vietnam (23.0%) together represent 91.7% of all supplier countries. This triad forms the core of Foxconn’s Greater China + Vietnam manufacturing corridor. Notably, Vietnam’s 23% share includes domestic packaging, labeling, and auxiliary suppliers — confirming successful localization efforts. Minor but growing presence in Korea, Singapore, US, Japan, and emerging markets (Zambia, Seychelles, Finland) suggests incremental diversification or pilot procurement for new product lines. Geographic concentration enhances cost and lead-time efficiency but amplifies exposure to regional geopolitical or logistical disruptions — especially given heavy reliance on Hong Kong as a trade conduit.

Region Transaction Count Share Latest Transaction
Hong Kong 171,055 46.31% 2026-02-28
Vietnam 84,886 22.98% 2026-02-27
China 82,593 22.36% 2026-02-25
Taiwan 18,983 5.14% 2026-02-11
Singapore 2,601 0.70% 2026-02-27
Korea 2,491 0.67% 2026-01-31
United States 1,445 0.39% 2026-01-31
Japan 864 0.23% 2026-02-08
Other 852 0.23% 2026-02-27
Malaysia 685 0.19% 2026-01-28

Export Port Analysis

No current export port data available — all 20 ports listed show status "Lost" with last activity dated December 2024 or earlier. This indicates complete discontinuation of shipments through these ports within the past 12 months.

Contact Information

Company Trade Summary

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