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New circuit board plant for India

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New circuit board plant for India

Helsinki-based Aspocomp Group, the second largest PCB company in Europe, plans to build a printed circuit board plant in Chennai, India. Aspocomp will invest £ 60m in the plant, India’s first HDI production facility, aspocomp said. The plan will be operational during the second half of 2007. Aspocomp said in a statement that the expected needs of its current customers drove the decision to add capacity.

EO Maija –Liisa Friman said: “The expansion into India is a logical step in the implementation of our strategy that has already started in Thailand and China. India is an attractive and rapidly growing market for printed circuit boards. This project is important as it significantly reinforces our ability to service our global customers. The project combines high technology products, production flexibility, a competitive cost level. ”
      Final decisions over the investment should be coming in the next few months. Elsewhere, in the UK, the PCB firm Circatex has gone into administration. See this month’s Business News for more details.

*  Taiwan –based Saint-Fun was recently spotted at the ATEI in London on the UTF (its US distributor) stand. Demonstrating four Street Basketball units, overseas representative Jack Hsu told InterGame that the firm ‘might exhibit at Earls Court, depending on custom. ’

*  Shigeru Tsukakoshi from Japanese component manufacturer Contex visited the ATEI this year, but admitted that he would be looking for a place on the ICE show floor next time out. The company already exhibits at Las Vegas and Tsukakoshi revealed to InterGame that Context has just been awarded a patent for a top secret new component in the US, but is awaiting patents in Japan, the UK and Europe. Contex hopes to receive the patents this summer. It presently employs 30 people who are involved in manufacturing all its components in Tokyo. This year’s Las Vegas expo will see the US debut of the aforementioned patented component.

*  The retail business in India is set to witness big growth, with the number of shopping malls in Asia’s third largest economy rising to 358 by the end of 2007, according to The Economic Times New Delhi. Experts say malls throughout the country are growing as they are now being positioned as a one-stop-shop for shopping, entertainment, leisure and eating out needs. With increasing demand for indoor entertainment, centers such as theatre multiplexes, bowling alleys, pool clubs, amusement parks and go-karting are now expected by the public in cities across India.

*  Toyo, a used video game machine company from Japan, did some good business at the recent London show at Earls Court



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