The Chery – Geleximco Chip Manufacturing and Assembly Project is located at Lot CN3-2, Hung Phu Industrial Park, Hung Phu Commune, Hung Yen Province, with GEL-O&J Automobile Joint Stock Company as the investor, with a total investment of approximately VND 1.9875 trillion (~USD 75 million).

The project is developed on a land area of 20,000 m², comprising one manufacturing plant and one office building combined with a canteen, along with supporting facilities including a technical area, parking area, and security guardhouse. The project will manufacture and assemble high-power semiconductor devices, analog chips, and power management chips, with a designed capacity of 42 million TO247 discrete components per year, 5 million IPM smart modules per year, 500,000 IGBT modules per year, and 400,000 high-power SiC MOSFET modules per year.

The project was granted its Investment Registration Certificate on September 14, 2026. Construction is expected to commence in Q4 2026, with the project expected to be completed and commence operations from Q1 2028.