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NE China Location for PCB Manufacturing Zone
February 28, 2007 |Estimated reading time: Less than a minute
TAIPEI, Taiwan Foxconn International Holdings Ltd., of Hon Hai Group, signed an investment agreement with the Shenyang municipal government, Liaoning province in northeastern China, to construct a PCB manufacturing zone in Yingkou, according to reports from the Economic Daily News in Taiwan.
Hon Hai Group's development strategy for mainland China focuses on natural resources, an available workforce, and the indigenous market, said Hon Hai representatives, adding that northeastern China presents potential for the company. It is estimated that Hon Hai invested in more than 20 projects within China in 2006. As part of the Shenyang agreement, Foxconn, the private manufacturing arm of Hon Hai, will also construct a nanometer copper/magnesium-alloy production zone for the automotive industry.