Flexium Interconnect Inc(6269-TW), a major supplier of flexible printed circuit boards (FPCBs) for Apple (AAPL-US) product held a groundbreaking ceremony for its new plant in Kaohsiung Hofa Industrial Park today on March 18th. Flexium planned to invest more than NTD10bn to build a 5G intelligent communication business operation base, which is expected to create 2,500 job opportunities. Daniel Han, Kaohsiung Mayor was also invited to participate in this groundbreaking ceremony.
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Walter Cheng, chairman of Flexium, delivered a speech at the groundbreaking ceremony. He emphasized that the company’s new plant investment in Kaohsiung Hofa Industrial Park represents Flexium’s 3 commitments: a) 5G intelligent communication technology development, b) continuous growth, c) the commitment to Taiwan.
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Cheng pointed out that Flexium 's revenue/earnings growth derived from diversified innovation technologies. In the past 7 years, Flexium has invested more than NTD10bn, triggering the average annual revenue to grow more than 20%, and making Flexiumas a leader in FPCB market worldwide. The 5G high-frequency wireless transmission technology is expected to be the main growth momentum for Flexium in the future.
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