Having their feet back on the ground again, WUS Printed Circuit Co. has directed their bucks to WUS Printed Circuit (Kunshan, China) which has a shareholding ratio of 13.23%. The reviving company gained revenue of 49.3 million RMB for Q1, which is an increase of 185.13%.

According to WUS, WUS(Kunshan) operation was fortunate enough to escape from any turbulence thank to the relocation of the old Kunshan factory and investment in the new Huangshi facility in Hubei. WUS has witnessed further momentum in the most recent 2 years for its proactive outreach to the automotive electronics. Its board of directors has ruled this month to procure 576,100 shares of Scheweizer Electronic from Germany at €13.31 million.

Schweizer is a world-renowned PCB manufacturer registered in Germany. WUS(Kunshan) is expected to receive a shareholding ratio of 15.24%, though not yet 20%, thanks to the PCB technology of radio frequency (RF) that is extensively applied to global automotive industry, enjoying a market share of 30%.

(News source: China Times)