Zhen Ding Buys Thai PCB Plant for $200M, Targets EV, AI Servers

Taiwan’s Zhen Ding Technology this week acquired a PCB manufacturing plant in Thailand for $200 million. The move aims to secure capacity for high-density interconnect and multilayer boards, driven by surging demand from electric vehicle and AI server supply chains while mitigating U.S.-China tariff exposure.

Located in Thailand’s Eastern Economic Corridor, the facility will initially produce 200,000 square feet per month of HDI and multilayer PCBs, with plans to scale to 500,000 square feet by 2026. Zhen Ding expects automotive and server customers to absorb the new output, which will focus on high-reliability boards for advanced driver-assistance systems and AI accelerator modules. The acquisition accelerates the company’s ‘China+1’ strategy, following earlier investments in India and Malaysia.

Analysts see the deal as part of a broader trend: global PCB makers are pouring over $5 billion into Southeast Asian capacity expansions this year. Rivals Unimicron and Compeq are also building plants in Thailand and Vietnam, targeting similar end markets. For OEM buyers, the shift diversifies supply away from China, reducing logistics risks and enabling just-in-time delivery for complex boards like HDI any layer, rigid-flex, and heavy copper designs used in next-gen EVs and data centers.

As PCB supply chains pivot to meet AI and EV demand, OEMs needing high-reliability HDI PCB Board, Multilayer PCB Board, or Heavy Copper PCB can turn to LT CIRCUIT for competitive manufacturing, tight quality controls, and engineering support on complex designs.