05 Nov '12, 9am

Two PCB makers to sell subsidiaries in China, says paper:

Two PCB makers to sell subsidiaries in China, says paper Commercial Times, November 5; Steve Shen, DIGITIMES [Monday 5 November 2012] PCB makers Dynamic Electronics and Cheer Time Enterprise have decided to liquidate their respective PCB plants in China, according to a Chinese-language Commercial Times report. Dynamic plans to sell out its newly complete plant build in Fujian to optimize the use of its capital, said the paper, which added that the Fujian plant was originally planned for the production for optoelectronic boards. Dynamic currently operates a plant in Kushan focusing on production of notebook PCBs. Meanwhile, Cheer Time plans to liquidate its PCB subsidiary in Zhejiang due to continued losses at the plant, indicated the paper. Cheer Time's Zhejiang plant has a production capacity of 300,000 square feet. Cheer Time's plant in Taiwan will focus on small volume,...

Full article: http://www.digitimes.com/news/a20121105PB200.html

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