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As increasingly more computing power is required in the field of artificial intelligence, demand by a key customer for high-end IC substrates of AT&S is growing.
To be able to manufacture these substrates on a larger scale, the Management Board of AT&S has decided today to expand capacity at its location in Chongqing, China. The required investments in the high double-digit million range will be fully financed based on long-term customer agreements.
The company expects a positive effect on EBIT, also in the high double-digit million range, from these measures in the financial year 2026/27.
