GURGAON, INDIA – Amber Group has signed a memorandum of understanding with South Korea's Korea Circuit to boost its PCB portfolio.

The MoU with Korean Circuit was signed by Amber's subsidiary Ascent Circuits, the company said in release. Amber acquired a majority stake in Ascent Circuits earlier this month.

"This association between Amber and Korea Circuit will envelop the entire portfolio of PCBs required for various applications in India’s Electronics manufacturing growth story i.e. HDI (high density interconnect), flex, semiconductor substrate, multilayer, double sided, (and) single sided," the company said.

The company said the agreement will allow Korea Circuit to gain a competitive advantage in the Indian market and help to grow its business, and will strengthen its electronics manufacturing portfolio by increasing its local value addition and backward integration into passive components of PCB assemblies.

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