KUNSHAN, CHINA – Wus Printed Circuit has increased its share of Schweizer Electronic to nearly 30% of the German PCB fabricator.

Wus Printed Circuit (Kunshan) Co. acquired 15.24% and now holds 19.74% of Schweizer’s shares, while Wus Printed Circuit Co. Taiwan acquired 10.2%. Closing of these transactions is subject to approval.

“We believe in the coming decade autopiloting and electrification of automobile will be among the key technologies that revolutionize people's way of living,” said Chris Wu, president of Wus Printed Circuit (Kunshan). “In the past three years, through technology transfer and cooperation in HF PCBs for ADAS radar, both companies have built a solid foundation of mutual trust, understanding and respect.”

No other financial terms were disclosed.

 

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