“The new factory will duplicate manufacturing capability for the company’s full range of high-reliability and high-performance products and thus mitigate supply chain risks for PCB manufacturers, OEMs and EMSs across all regions by adding geographical diversity to [its] operations,” the company said.
“Now is the right time to invest in establishing a local manufacturing presence to support the expanding southeast Asian electronics industry, which is experiencing significant growth across consumer, industrial, and automotive sectors,” said Jason Chung, CEO of Ventec. “Moreover, this new factory will enhance our global supply chain security promise to our global PCB and OEM customer base as we plan to manufacture the complete portfolio of advanced high-reliability and high-performance materials.”
