AT&S Initiates Next Growth Step
July 12, 2019 | AT&SEstimated reading time: 1 minute
AT&S continues to expand its business with IC substrates as a strategic pillar. Due to rising market demand for high-performance computing, the company intends to build a new plant at the location in Chongqing and to expand the existing capacities at the Leoben plant. To this end, an investment volume totalling nearly one billion Euro with a focus on Chongqing is planned for the next five years. These investment projects are also based on close cooperation with a leading producer of semiconductors.
July 11, 2019 AT&S Initiates Next Growth Step:
- Investment volume of just under one billion Euro planned for the next five years
- Construction of a new plant in Chongqing and expansion of the location in Leoben
- Production of IC substrates for high-performance computing modules
- Significant milestone in endeavours to grow with modules
- Start of production in the new plant in Chongqing end of 2021
Increasingly connected digital systems, systems using artificial intelligence, robotics or autonomous driving require ever faster processing of ever increasing data volumes. As a result, the required computing power and data storage needs are growing significantly. The required performance of future high-performance computing modules massively drives the technological demands on all components of the modules including IC substrates.
With these investments, AT&S pursues the goal of sustainable, profitable growth while at the same time expanding its market position for IC substrates. AT&S will participate in the growing market for IC substrates based on these investments. The business with IC substrates is becoming a strategically important business mainstay for AT&S in addition to high-end printed circuit boards.
The new, state-of-the-art factory is intended to be built at the existing location in Chongqing. Construction work begins immediately and the start of production is planned for the end of 2021.
About AT&S Austria Technologie & Systemtechnik AG—First Choice For Advanced Applications
AT&S is the global market leader for high-end printed circuit boards and one of the leading manufacturers of IC substrates. AT&S industrialises leading-edge technologies for its core business segments Mobile Devices, Automotive, Industrial and Medical. As an international growth enterprise, AT&S has a global presence with production sites in Austria (Leoben, Fehring) and plants in India (Nanjangud), China (Shanghai, Chongqing) and Korea (Ansan near Seoul). The company currently employed an average of roughly 9,800 people. For further information: www.ats.net
Suggested Items
Omdia: OLED Monitor Display shipments to surge by 123% YoY as Top Brands Embrace its Technology in 2024
05/09/2024 | PRNewswireOLED monitor display shipments significantly increased in 2023, following an upsurge of 415% year-over-year (YoY), according to Omdia's Monitor Display & OEM Market Tracker. This trend is set to continue with Omdia forecasting a 123% YoY increase in 2024, reaching 1.84 million units, driven by industry leaders Samsung Display and LG Display.
IDTechEx Report: Illuminating the Future of Lidar in Automotive
05/09/2024 | PRNewswireIn the rapidly evolving landscape of Advanced Driver-Assistance Systems (ADAS) and autonomous driving, sensor technologies have emerged as a pivotal force driving innovations in the automotive industry.
Sondrel Awarded New Video Processor ASIC Design and Supply Contract
05/09/2024 | SondrelSondrel, a leading provider of ultra-complex custom chips for leading global technology brands, is pleased to announce that it has won a major ASIC design and supply contract for a next generation, video processing chip.
IDC Forecasts Slower Growth for Global Telecommunications Services Market: Could AI Help Telcos to Maintain Healthy Margins?
05/08/2024 | IDCWorldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker.
Simbe Partners with Plexus to Scale Manufacturing and Meet Global Retail Demand
05/08/2024 | Globe NewswireSimbe, the leading provider of Store Intelligence™ solutions that increase retailer performance through unprecedented visibility and insights, today announced a partnership with Plexus Corp. to bring its best-in-class retail robotics-as-a-service to market quickly and at global scale.