TENGZHOU,
CHINA - Wanda Electronics has announced that it is planning to invest $80 million in a new PCB plant
in Tengzhou.
The first stage of the project, which will reportedly cost
$30 million, started construction in January and is planned for completion in
December of this year.
The second stage of the project is planned for 2010.The
plant will reportedly focus on manufacturing rigid PCBs and flex circuits, and may merge
with Huayang Electronics for possible
listing on the Hong Kong or A Share stock exchanges in
mainland China.