Printed Circuit Design & Fab Online Magazine - 3CEMS Eyes Revenue Jump, Public Listing

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Printed Circuit Design & Fab Magazine

GRAND CAYMAN ISLANDS -- Top 25 EMS company 3CEMS plans to go public in 2013, and has set a goal of $1 billion in revenues by that time.

The contract PCB fabricator and assembler, which is headquartered in the Grand Caymans but whose five plants all are in China, said it would file for a listing on the Taiwan Stock Exchange.

The company expects revenues to top $1 billion by 2013, up from an forecasted $600 million this year and about $380 million in 2009.

The electronics firm is a subsidiary of First International Computer.

3CEMS operates three bare board fabrication plants and two EMS sites.