SHENZHEN -- Kinwong Electronic plans to invest CNY700 million ($96 million) in a new printed circuit board production site in Thailand, joining a host of other board fabricators migrating to or expanding in Southeast Asia to mitigate the potential impacts of trade wars between the US and China.

OULU, FINLAND – Aspocomp will temporarily lay off 26 workers at its Oulu plant over the next three months in response to low delivery volumes.

SHENZHEN – PCB manufacturer Welgao has applied for an IPO on the Hong Kong Stock Exchange's Growth Enterprise Market, with plans to raise 601.3 million yuan ($82.6 million) on a new facility that will increase its annual production to 3 million sq. m.

SUZHOU, CHINA – Chinese home appliance maker KingClean Electric plans to acquire a 96.5% stake in PCB maker Suzhou Lihua Technology for 272.5 million yuan ($37.4 million).