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Zhen Ding Tech Chairman Sets Sights High

Published: 09 December 2011
 by Staff

TAIPEI – The chairman of Zhen Ding Technology Holdings has pledged to push his company to No. 4 in the printed circuit board industry, with the ultimate goal of No. 1.

The PCB fabricator is currently ranked No. 7 or 8, depending on the estimate. The company reportedly has 19 subsidiaries including five PCB factories in China. It reported first-half net income of NT$740 million ($24.5 million) on NT$18.96 billion ($627.6 million) in consolidated sales.

Zhen Ding, a subsidiary of the Foxconn Group, will launch initial public offering on Taiwan’s stock exchange on Dec. 26. The company's chairman, C.F. Sheng, said monthly revenue is steadily increasing, and hit $100 million in July.

The firm manufactures flexible PCBs, rigid boards, HDI boards, and IC substrates.

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