APCB Inc. (6108.TW)

Taiwan's APCB to shift printed circuit board assembly to mainland unit, cut jobs on island

Taiwan-based printed circuit board (PCB) maker APCB expects to discontinue production in the island by the end of the year and lay off hundreds of employees, as the company shifts manufacturing to a subsidiary in mainland China. Production in Taiwan will cease from December 25, following three consecutive years of losses for APCB's plants on the island amid "a weak consumer electronics industry" and "rising raw material costs", the company said in a filing to the Taiwan Stock Exchange on Tuesday