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Amber Group signs MoU with South Korea’s Korea Circuit, YoungPoong Group Co.

By Economic Times - 10 months ago
Amber Group, a leading homegrown air-conditioner contract manufacturer, has signed an MoU with South Korea's Korea Circuit through its venture, Ascent Circuits. This collaboration aims to fortify PCB manufacturing in India by producing flex, HDI, and semiconductor substrates PCBs. The partnership will provide solutions to the mobile and semiconductor industry, covering the entire requirement of PCBs for various applications in India's electronics manufacturing growth story. The MoU and the acquisition of majority stakes in Amber Circuits have positioned Amber Group as a leader in the EMS space, offering new business opportunities and strengthening their EMS portfolio.

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