PCB UNION has compiled a thorough review of global PCB industry news related to investments, IPOs, acquisitions, financial reports,and more in May (not a complete list), as detailed below.Click on each title to view the corresponding original article.
Taiwan PCB Techvest Co., Ltd. (referred to as TPT, 8213.TW), a leading PCB manufacturer, has announced plans for its subsidiary, Chi Chau Printed Circuit Board (Vietnam) Co., Ltd., located in the southern province of Hai Duong, Vietnam, to construct a new plant through a land lease agreement.
●Overview of Subsidiary
Gigavis (KOSDAQ: 420770), a semiconductor equipment company that specializes in manufacturing and selling automated optical inspection (AOI) and automated optical repair (AOR) of semiconductor substrates, successfully went public on the KOSDAQ market and held a listing ceremony.
Jiangsu SIMAND Electric Co., Ltd. (referred to as "SIMAND" or "the Company"), a Chinese company specializing in the production of intelligent controllers and printed circuit boards, successfully received acceptance of its application for an initial public offering of shares and listing on the Main Board of the Shanghai Stock Exchange.
Xiamen Bolion Tech. Co., Ltd. (referred to as Bolion Tech, NEEQ:838192)announced it had submitted a counseling filing application to the Xiamen Securities Regulatory Bureau for the public issuance of stocks to unspecified qualified investors and listing on the Beijing Stock Exchange.
South Korean manufacturer Isu Petasys(007660 KQ), specializing in ultra-multilayer PCB (Printed Circuit Board), has benefited from the expansion of its plant located in Daegu, South Korea, which has led to raised market expectations for increased production capacity and driven a significant increase in the stock price.
As of now, Isu Petasys maintains a monthly order volume of around 50 billion Korean won and has seen an increase in new orders, leading to expectations of profit growth based on stable orders.
According to the latest Apple supplier list, the number of manufacturing facilities/locations of Apple's top 200 suppliers grew in 2022 in China, Japan, Thailand, Malaysia, the Philippines, and India. However, manufacturing facilities/locations in the US and South Korea have dropped from 72 to 62 and 42 to 36, respectively.
Sanmina Corp.(NASDAQ: SANM) is currently under investigation for potential securities law violations by multiple law firms, including Kirby McInerney LLP, Howard G. Smith, and Block & Leviton. The law firms are investigating whether the company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
According to the latest statistics released by the Japan Electronics Packaging Circuits Association (JPCA), the output of printed circuit boards (PCBs) in Japan, including rigid PCBs, flexible PCBs, and module substrates, in March 2023 decreased by 13.0% from the same period last year to 901,000 square meters and has been declining for 14 consecutive months. The revenue dropped sharply by 14.4% to JPY 50.874 billion, which has been declining for five consecutive months and has reached the largest decrease in nearly six and a half years (18.3% since October 2016).
Mitsubishi Gas Chemical Company, Inc.(MGC; Head Office: Chiyoda-ku, Tokyo; President: Masashi Fujii)announces its decision to expand the production capacity of BT materials for semiconductor packages at MGC Electrotechno (Thailand) Co., Ltd. (ETT, located in WHA Eastern Seaboard Industrial Estate, Rayong Province,Kingdom of Thailand), which is a subsidiary of MGC Electrotechno Co., Ltd. (ET, Nishishirakawa-gun,Fukushima Pref.).
Apex(4927.TW), a PCB manufacturer, has announced it will temporarily suspend its expansion plan for the Apex 4 plant in Thailand due to weaker-than-expected market conditions and supply chain pressures caused by inventory clearance. The company will instead focus on optimizing the production capacity of the Apex 1, Apex 2, and Apex 3 plants in Thailand."
Panasonic Industry's High-Thermal Conductive Film R-2400 for Multilayer Circuit Boards has the following features:
√ The industry's first high-thermal conductivity of 2.7 W/m・K as a film product for multilayer circuit boards helps reduce the number of thermal management components.
√ The excellent resin flowability enables multilayering of electronic circuit boards, contributing to the miniaturization of equipment.
√ Certified to meet the UL-specified rated temperature of 150°C and can be used in high-temperature environments.
AT&S has received a €250 million loan ($271 million) from European Investment Bank to fund research and development activities and help finance the construction of a new research center at its headquarters.
Among the major provisions of the bill:
√ $3 billion to fund factory construction, workforce development and R&D
√ A 25% tax credit for purchasers of American-made PCBs and substrates
Kang Hae-chul, CEO of Gigavis, announced during an Investor Relations Meeting prior to the company's listing on the KOSDAQ market, that the company has developed a new device that can reduce the circuit detection line width of semiconductor substrates to 2 microns, and this device will be launched globally for the first time this year. In addition, they are also researching a device that can repair circuits with a line width of up to 3 microns, with the goal of launching it in 2025.
√ ASKPCB's total production capacity is approximately 760,000 square meters per month.
√ the Thailand factory is expected to commence trial production by Q2 2024, with an initial planned monthly capacity of 120,000 square meters, capable of providing volume production of 28-layer PCBs.
√ ASKPCB can achieve a productivity of RMB 2.5-3 million per person per year, or even higher.
√ ASKPCB's two core pathways of growth are "data centers & servers" and "automotive electronics."
Trackwise Designs, a King's Award-winning manufacturer of specialist products using printed circuit technology, has launched a sale process for its Stevenage Circuits Ltd (SCL) business.
Elephantech Inc. (Headquarters: Chuo-ku, Tokyo), a developer of innovative manufacturing technologies that significantly reduce water, resources, and energy consumption of printed circuit boards, has raised approximately 900 million yen through a third-party allocation of new shares.
With this third-party allotment, Elephantech has raised approximately 9 billion yen in total including equity, debt, and subsidies.
Korean PCB manufacturer ISU PETASYS held a completion ceremony for its new PCB plant in Dalseong 1st Industrial Zone in Dalseong County, where the plant has a total area of 10,024 square meters and a building area of 14,771 square meters with three floors above ground. Commencing formal production in July, the plant will increase its capacity by 40% and aiming to reach a yearly sales revenue of KRW 200 billion.
American Standard Circuits (ASC), a leading player in the North American electronics industry, is making waves with its innovative technology for developing Printed Circuit Boards (PCBs) requiring ultra-high-density interconnects. The company has been an early licensee of Averatek Corporation's patented A-SAP™ Technology, which has enabled ASC to produce ultra-fine lines and spaces in any board technology, including rigid, flex, and rigid-flex.
+86 191 9627 2716
+86 181 7379 0595
8:30 a.m. to 5:30 p.m., Monday to Friday
