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Unitech Printed Circuit Board has signed a NT$4.5 billion ($148.47 million) syndicated loan agreement with a banking consortium for capacity expansion and strengthening its financial structure, according to Digitimes.
The company has also set a capex budget of NT$2.5 billion for 2017, mainly to ramp capacity to meet increasing demand from clients. Part of the new production lines will come online at the end of the second quarter of 2017, according to the company.
01/02/2018 | Gene Weiner, Weiner International Inc.
Hold on to your seats! 2018 will be a year full of rapid changes, surprises, and growth. M&A activities will flourish. The supply chain will suffer shortages and changes as demand increases, copycats will rush to market, and new markets and potential suppliers will vanish before they are established.
09/04/2017 | Gene Weiner, Weiner International Inc.
IPC is planning to hold a special meeting on automotive electronics for senior executives during IPC APEX EXPO 2019. The meeting will be planned and produced by the IPC Ambassador Council. Its presentations will feature senior members of the entire automotive electronics supply chain.
05/03/2017 | Gene Weiner, Weiner International Inc.
China’s economy accelerated for a second straight quarter as investment picked up, retail sales rebounded, and factory output accelerated in March. Gross domestic product increased 6.9% in the first quarter from a year earlier, compared with a 6.8% median estimate in a Bloomberg survey.