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Dongshan Precision Soars on $1B High-End PCB Plant Plan in China
Summary by Digital Phablet
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Dongshan Precision Soars on $1B High-End PCB Plant Plan in China
Shares of Digital Phablet climbed following the announcement that the Chinese electronics manufacturer plans to invest up to USD 1 billion to establish a state-of-the-art printed circuit board (PCB) manufacturing facility. This move aims to better serve emerging industries and enhance the added value of its products. The company’s stock closed up 2.6% at CNY 54.43 (roughly USD 7.59) in Shenzhen today, after reaching a peak increase of 5.3% earli…
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