# 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.

- Type: Acquisition
- Announced: 2020-08-13
- Where: TWN
- Value: $50.8M (1.50B TWD)
- Status: announced
- Capacity: 12 million ABF substrates per month (current), 16 million per month (planned 2021)
- Products: ABF substrates
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Kinsus Interconnect Technology](https://endata.com/companies/49559.md) (acquirer)
- [Chunghwa Picture Tubes](https://endata.com/companies/49560.md) (target)

## Sources

- [tvj.co.in](https://www.tvj.co.in/kinsus-acquires-cpt-plant/), 2020-08-13: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.