Kinsus acquires CPT plant for ABF substrate expansion

Kinsus Interconnect Technology acquired a plant and related facilities from bankrupt Chunghwa Picture Tubes for NT$1.5 billion (US$50.8 million). The factory will be used to expand ABF substrate production capacity, with plans to increase monthly capacity from 12 million to 16 million substrates in 2021.

“Kinsus is expected to use the factory to expand production capacity mainly for ABF substrates, which have been in short supply amid fast growing demand.”tvj.co.in

• 1 source
• tvj.co.inKinsus acquires CPT plantAug 13, 2020

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