In response to 5G and the development of thin lines, on December 21, the board of directors of Flexium Interconnect Inc. (Flexium) resolved to invest NT$9.4 billion next year. The amount of investment hit the record high and exceeded the company’s total investments over the past 5 years. Flexium indicated that the capital expenditures included the headquarters in Taiwan (70%) and subsidiaries (30%). The construction of Kaohsiung Plant and Kunshan Plant will start in January 2018. Kunshan Plant will mainly specialize in FPC back-end modules and receives funds from self-owned funds, bank financing, and capital raising.
Flexium has successfully entered the new product line as a leader in the second half of 2017. The driving force of operational growth comes mainly from innovative technology and the successful development of power management modules. Flexium is excited and optimistic about the potential for future market growth.
The new Flexium plant adjacent to the Kaohsiung Plant has been inaugurated with a 25% increase in the capacity and a focus on AI and Big Data. As the trial production of 25um product through next-generation FPC technology has succeeded, Flexium is optimistic about its growth potential over the next three years. The 25um product will be put into mass production and contribute to Flexium’s revenue in 2018 and 2019. The construction of the new Flexium plant just 200 m away from the Kaohsiung Plant will start in the first quarter of 2018. The new plant will mainly specialize in FPC, featuring 5G and thin lines. (Source: Commercial Times)