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Advanced Printed Circuit Board’s (APCB) factory site in Thailand has been verified by a major Europe-based automotive components vendor and will start shipping in small volume to the client in the fourth quarter of 2018, according to Digitimes.
APCB also expects the Thai factory to break even in the fourth quarter, when capacity utilization rate climbs above 70%. The factory capacity utilization rate will continue rising in 2019 as production for orders for Europe client's auto components will be ramping up, the company indicated. Digitimes reports that APCB's Thailand-based factory is expected to swing to profits in 2019.