Contact:
Mag. Martin Theyer
Phone: +43 3842 2005909
E-Mail: m.theyer@ats.net
- Capacity expansion
- Chongqing
- AT&S Austria Technologie & Systemtechnik AG
- Groundbreaking ceremony
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| Groundbreakind ceremony |
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Leoben (pts011/16.06.2011/11:00) - Chongqing 16 June, 2011 - AT&S held the groundbreaking ceremony of its new plant in Chongqing, the municipal city of west China. That is the 7th plant of AT&S group globally, and the 2nd plant in China.
"We will invest (Phase One) around USD 297 million to build a state-of-art HDI printed circuit board (PCB) manufacturing base in west China," said Andreas Gerstenmayer, CEO of AT&S Group. The new factory will be developed in three phases depending on market demand. The annual capacity for Phase One is around 200,000 sqm. The main focus will be on high-end PCBs for smart-phone and tablets market, which is believed to boom in the next five years and AT&S is well-positioned to the future growth. "Based on what I have learnt from the great blueprint of Chongqing Liangjiang, I am very sure that AT&S will benefit from this. " said Andreas Gerstenmayer.
This year marked the 10th anniversary of AT&S successful venture into China since setting up the first HDI factory in shanghai in 2001. So far with USD 600 million investments, AT&S Shanghai is one of the world largest single HDI PCB manufacturing bases in terms of revenues and output. To meet the customer needs for high integrated circuit boards, a further line will be ramped up in July.
Chongqing is situated in southwestern China at the junction of the Jialing River with the Yangtze, and is about 1,450 kilometres from Shanghai. The decision in favour of Chongqing was strongly influenced by the existing high level of industrialisation in the region and the presence of a highly qualified workforce. The municipality of Chongqing has a population of nearly 30 million people and a large number of universities and research institutions. China has been using its "Go West" strategy to promote and drive forward growth in this region in particular since 1999.
About AT&S
AT&S Austria Technologie & Systemtechnik Aktiengesellschaft (AT&S) is European market leader and one of the world's strongest-performing printed circuit board manufacturers. AT&S is especially well positioned worldwide in the high-tech market segment for HDI microvia printed circuit boards, which are chiefly used in mobile devices. The Group is also highly successful in the automotive printed circuit board market, and in the industrial and medical technology sectors. As a vigorous and growing international enterprise, AT&S has a global presence, with three production facilities in Austria (Leoben, Fehring, Klagenfurt) and one each in India (Nanjangud), China (Shanghai) and Korea (Ansan, near Seoul). For more information visit www.ats.net
Press contact
Martin Theyer, Director Strategy Development & Communication
AT&S Austria Technologie & Systemtechnik AG
+43 3842 200 5909, m.theyer@ats.net, www.ats.net
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