DAEGU, KOREA – ISU Petasys will invest KRW300 billion ($223.3 million) here to build a PCB manufacturing plant.

Under an investment agreement signed by the city and company, Isu Petasys will invest the funding in 21,344 sq. m. of land in Dalseong First Industrial Complex to build a new plant to manufacture multi-layer circuit boards. The company said the investment is in response to an increase in product demand from global big tech companies due to the rapid growth of the AI accelerator and data center market.

When the new plant is completed, ISU Petasys said it plans to become a leading company in the global market by raising sales of KRW579 billion ($430.9 million)as of last year to KRW1.5 trillion ($1.12 billion) by 2030.

"The number of orders has continued to increase, focusing on next-generation products such as AI accelerators and 800GB switches, which have recently emerged as a key topic in data centers," said CEO Choi Chang-bok. "We expect sales to increase significantly from next year."

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