TAOYUAN CITY, TAIWAN — Foxconn subsidiary Zhen Ding Technology reported that revenue last month dropped 19.6% year-over-year to NT$16.69 billion (US$545.8 million), while revenue for last year rose 10.5% to NT$171.36 billion (US$5.6 billion).

The company said it has kept capacity expansion plans on track, with a factory producing Ajinomoto buildup film substrates in Shenzhen, China, and another factory focusing on high-density interconnect PCBs in Huaian, China, likely to start mass production this year.

The company’s new factory in Kaohsiung, which produces flexible PCBs and advanced modules, is also still under construction, with equipment installment likely to proceed in the second half of this year, it said.

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