Passive components factory nine Hao intends to invest $45 million to build production bases in mainland Kunshan

Recently, the Taiwan passive components upstream plant nine Hao (6127) announced that it would spend $45 million (equivalent to about NT $1 billion 350 million), another production base in mainland China, Kunshan, the size of the current is almost two times. Nine Hao said that the board of directors agreed, will launch the purchase plan after the lunar new year, because the new base area, will be built in stages, the first stage will be one to two years of operation, fully developed is about five years. The future production base will gradually focus on the new base, improve production efficiency. Nine Hao upstream ceramic substrate factory passive chip resistor, and a foot LED substrate and automotive electronics, the current production bases including Taiwan Pingchen and China, Kunshan, Dongguan is only the office staff positions.