日本这回是铁了心要 “分家” 了，连个缓冲期都不给。日本名幸电子这次动作，快得让人来不及反应。河内光明地区的新厂计划刚刚披露，外界还在消化这个消息，人家已经把施工时间表钉死了——4月动工，明年设备到位，2027年产线就得转起来。这笔投资的体量是400亿日元。但真正让人觉得不...

Core Viewpoint - Japan's decision to relocate production facilities to Vietnam reflects a strategic shift towards maximizing profit margins, despite previous investments in local operations in Wuhan, China [1][15]. Group 1: Investment Decisions - Meiko Electronics has announced a new factory in Hanoi, Vietnam, with construction starting in April and production expected to begin by 2027 [2][3]. - The investment amounts to 40 billion yen, following a previous investment of 50 billion yen in Vietnam just six months prior [3][4]. Group 2: Operational Background - Meiko has established a significant presence in Wuhan since 2009, operating a large facility with around 5,000 skilled workers [5][6]. - The Wuhan facility has become a key node in the global printed circuit board industry, supported by local policies and infrastructure [6][7]. Group 3: Economic Factors - Vietnam's manufacturing wage levels are attractive, averaging less than 3,000 RMB per month, which is appealing for labor-intensive industries [9]. - The Japanese government has set up a fund exceeding 200 billion yen to encourage companies to relocate production to Southeast Asia, covering up to half of the relocation costs [10]. Group 4: Strategic Implications - The new factory in Vietnam will supply components for major clients like Apple and Samsung, indicating a focus on high-end production capabilities [11][13]. - The technology being transferred, such as 3D stacking technology, is crucial for advanced AI mobile devices, highlighting a strategic move towards high-value manufacturing [12][13]. Group 5: Industry Dynamics - Meiko's actions reveal a shift in capital flow towards regions with lower costs and better incentives, challenging the notion that established infrastructure alone can retain high-end industries [17][18]. - The competitive landscape suggests that companies will prioritize profit over loyalty to local markets, as evidenced by Meiko's rapid relocation [18][19].