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Chin-Poon PCB Plant Fire to Affect 15% of Revenues
April 30, 2018 | DigitimesEstimated reading time: 1 minute
Taiwan-based PCB maker Chin-Poon Industrial, which has more than 70% of its revenues from the automotive electronics industry, has estimated that losses resulting from a deadly fire at its production site in Taoyuan, northern Taiwan, on the evening of April 28 will amount to about NT$300 million ($10.2 million), according to a Digitimes report.
Chin-Poon spokesman Hsiao Kung-yen said that the Taoyuan site’s P2 and P3 factories damaged in the fire generate around 15% of its total monthly revenues, while the other two factories there—P1 and P5—were not affected by the blaze. The said P1 and P5 factories, as well as its China- and Thailand-based plants, will be supporting the damaged facilities, where production will be halted for about six months, according to the report.
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