Avary Holding (Shenzhen), a subsidiary of Taiwan-based PCB firm Zhen Ding Technology, has plans to build backend SMT facilities in India for an estimated CNY100 million ($14.9 million), Digitimes reports.
Zhen Ding has 100% of its production located in China, and building SMT facilities in India will be the first move made by the Taiwan-based PCB company to run a factory site outside China.