PCB Maker Bozhì to Inject Up to US$80 Million into Vietnam Subsidiary
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AI Summary (NQ-processed)
Bozhì Electronics' board has approved a capital increase of up to US$80 million for its 70%-owned Vietnam subsidiary, Allied Circuit Meiko Vietnam Co., Ltd. The move aims to expand production capacity in Vietnam, deepening its New Southbound strategy and strengthening its competitiveness in HDI and server PCB manufacturing.
AI Analysis
Frequently Asked Questions
- Q: What is the amount of the capital increase for Bozhì's Vietnam subsidiary?
- A: Up to US$80 million.
- Q: What is the purpose of this capital increase?
- A: To expand production capacity in Vietnam and deepen its New Southbound strategy.
- Q: What are Bozhì's main products?
- A: HDI boards and server PCBs.