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Hanmi Semiconductor signed a KRW 970 million contract to supply semiconductor manufacturing equipment to AT&S (Chongqing) Co., Ltd. The contract runs until May 31, 2019.
AT&S is investing approximately EUR 40 million to expand technology and capacity for high-frequency printed circuit boards at its existing sites in Nanjangud, India and Fehring, Austria. Production is set to start in May 2018 in India and March 2019 in Austria.
AT&S is ramping up two new plants in Chongqing, China, for high-end printed circuit boards and IC substrates. The ramp-up of plant 1 is flatter than expected due to process optimizations.
| Site | Largest | Latest |
|---|---|---|
| Fehring, Austria | $49.0M | 2018-02-09 |
| Chongqing, China | 2016-11-02 |