Taiflex Scientific, a manufacturer of flexible CCL (copper-clad laminate), has announced that it has purchased a factory site in eastern Thailand and will invest US$35 million to build a flexible CCL facility in the first phase, with production expected to start in the first half of 2024.
Industry sources claim that Thailand will also become home to a factory for CCL manufacturer Kingboard Laminates, based in China.
According to the sources, Taiflex and Kingboard are focusing on the automotive market in Thailand, which is now the largest automobile production hub in Southeast Asia with a comprehensive ecosystem.
Iteq, Elite Material, and Eternal Material, manufacturers of CCL, have all increased their production capacities in China. Eternal Material has also increased its ability to produce dry film photoresist, a component of PCBs.
To reach consolidated revenues of NT$4.489 billion, gross margin of 24.17%, and net profit of NT$433.5 million for the first half of 2022, Taiflex reported consolidated revenues of NT$2.305 billion (US$77.5 million), gross margin of 26.20%, and net profit of NT$225.1 million for the second quarter of 2022.
