And they're not just building single-sided paper boards. Sources say it is buying 15 new laser drills. Multek makes PCBs up to 20 layers. The model is to take advantage of the inexpensive labor rates, but even that's in flux. Companies are making money.
Telecom is the voice of builders here.
Looking around the Intex Convention Center, there's more cell phones than any Nokia factory could ever hold. Multek counts among its customers Motorola and Qualcomm. Parlex even makes boards that hold the batteries in mobile phones. In the wake of the global overcapacity problems two years ago, Unitech switched its focus to telecom and hasn't looked back. Now there's still overcapacity, Hung says, but this is easing, and Unitech's prices aren't going down.