AYASE, JAPAN – Meiko Electronics has announced a strategic business alliance with Aoshikang Technology to boost PCB production capacity in the ASEAN region.
Through the partnership, Meiko will invest $20 million for a 14.9% stake in ASK’s subsidiary, Jiaruian, to manage a new production subsidiary in Thailand. Meiko said the collaboration aims to meet increasing demand and will have a negligible impact on its current fiscal year business results.