The move according to the company will allow JVC to better focus on the
core businesses of consumer electronics, professional electronics and
entertainment.
The transfer of the PCB business to Meiko
addresses its strategy to expand into the high-end and module package
board market. The transfer includes intellectual property in the form
of the Victor Interconnect Layer (VIL) process, a build-up process that
is well suited for ultra thin HDI products.
The JVC PCB
business did 5,528 million Yen in sales in the year ending March 2007.
Assets at the closer of 2007 were recorded as 1,225 million Yen. There
are 150 JVC employees who will resign from JVC and be hired by Meiko as
part of this transfer.