TAIPEI -- New Kinpo Group is considering an initial public offering in the Philippines to generate funds for new investments in manufacturing and local marketing of its branded products.

The company, the parent of top EMS/ODM Cal-Comp, plans some $250 million in new investments over the next three years in the Philippines, company executives told reporters. The company also plans to market its line of OEM products there.

“What is more important is our reputation in the Philippines, we consider the domestic market a big potential for us so while we grow the exports market we also try to grow in the domestic market,” CEO Simon Shen was quoted as saying.

NKG has plans to increase its total number of domestic factories to eight by the third quarter next year, and will increase its local investments by $150 million once the IPO has been issued.

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