KUNSHAN, CHINA – Long Young Electronic has announced plans to invest CNY200 million ($28 million) to build two new factories in Thailand.

The Chinese supplier of electromagnetic interference shielding materials said it will spend up to CNY120 million ($16.8 million) on a composite copper foil plant and CNY80 million ($11.2 million) on an EMI shielding materials plant in Thailand's northern Chachoengsao province.

The company said the composite copper foil plant will take four years to construct and is designed to produce various types of products, targeting printed circuit board makers in Southeast Asia and other markets. The other factory will be built in three years with a production capacity of 62,400 sq. m. of conductive tape and 352 million EMI shielding and related materials a year.

To pay for the new facilities, Long Young said it will terminate a plan to build a new EMI shielding material plant and expand the capacity of an existing one in China and will suspend the construction of a product research and development center.