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AT&S to sell medtech PCB factory in South Korea

Advanced Technologies & Solutions (AT&S), an Austria-based PCB and IC substrate manufacturer, has announced plans to sell its plant in Ansan, South Korea, which largely services the medical industry.

AT&S successfully entered Ansan, South Korea in 2006 through the acquisition of an existing PCB company and the Ansan plant primarily produces PCB products for the medical, automotive, and industrial sectors, currently employing 341 staff members.

For the fiscal year 2023-2024, AT&S's Ansan facility brought in EUR76 million (US$82.3 million) in revenue, with EUR38 million in EBITDA.

The plant sale aims to further sharpen the group's profile, according to AT&S, which now considers AI as a significant growth driver for future business success.

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Editor:Lulu

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