China Listed Enterprise Founder Technology Group Co., Ltd. (hereinafter referred to as "Founder Technology") announced on Thursday (September 14) that the company intends to spend 943 million yuan (about 177 million yuan) to invest in ThailandNew Founder Technology (Thailand) Intelligent Manufacturing Base Project.
According to the China News Agency, the announcement shows that the foreign investment funds come from Founder Technology's own funds and self -raised funds.Founder Technology plans to purchase about 122 acres of land in the Loggana Industrial Park in Bazhenfu, Thailand to meet the company's Thai subsidiary registration and future project construction needs.The project also produces high -layer boards and high -density interconnect (HDI) products at the same time, which can not only meet the needs of switching, server and other products, but also meet the needs of optical modules, automotive electronics, and consumer electronics HDI products.
The preliminary planning of Founder Technology will implement the construction of the Thai production base. This time, the first phase of factory construction will be completed in one -time investment. It will further invest in the second phase of factories according to the changes in the market environment and customer needs.
Regarding the purpose of this foreign investment and the impact on the company, Founder Technology said that the company's production capacity is currently concentrated in China and invested in new production bases in Thailand.The necessary condition for business is a vital strategic deployment.This is conducive to improving the layout of the company's overseas production bases, establishing the capacity of overseas product services, meeting the demand for orders for overseas customers, improving the company's international competitiveness and overseas service capabilities, and improving the company's business layout and medium- and long -term strategic development planning.
Founder Technology has further said that Thailand, as an emerging market economy, has a comparative advantage in the cost of land, plant, manpower, and taxation. In recent yearsPCB related industrial chain supporting facilities have also been continuously improved, which can better meet the needs of the company's construction production base.The investment in new production bases in Thailand will help companies use Thailand's good industrial foundation and location advantages to better provide product services to the company's existing and potential customers.
