Aohong Electronics Inaugurates First Overseas PCB Factory in Thailand with RMB 600M Investment

Aohong Opens Thailand PCB Manufacturing Base

Changzhou Aohong Electronics Co., Ltd. (605058.SH) officially inaugurated its Thailand subsidiary, AOHONG ELECTRONICS (THAILAND) CO., LTD., at Kincin Industrial Park in Prachinburi Province on May 26, 2026. The facility represents the company’s first overseas PCB manufacturing base and a cornerstone of its global expansion strategy.

The project involves a total investment of up to RMB 600 million (approximately USD 85 million), with mass production expected to begin later this year. Once fully operational, the Thailand plant will add 1.2 million square meters of annual PCB production capacity — a significant expansion that primarily targets customers in Southeast Asia and broader global markets.

Strategic Rationale: Supply Chain Diversification

Aohong’s Thailand expansion reflects a major trend among Chinese PCB manufacturers seeking to diversify their production footprint outside China. Key drivers include:

Tariff avoidance: With US and EU tariffs on Chinese-origin electronics products increasing, Thailand-manufactured PCBs can enter Western markets with more favorable trade terms under ASEAN trade agreements.

Customer proximity: Major electronics OEMs (automotive, consumer electronics, industrial) have established assembly operations in Thailand and neighboring countries. Local PCB supply reduces logistics costs and lead times.

Geopolitical risk hedging: A dual-geography manufacturing strategy protects revenue streams regardless of trade policy changes between China and Western markets.

Cost optimization: While Thai labor costs have risen, total manufacturing costs remain competitive for standard and mid-complexity PCBs when factoring in logistics savings for ASEAN-destined products.

Facility Capabilities

According to company disclosures, the Thailand facility will produce:

• Single-sided and double-sided PCBs
• Multilayer PCBs (up to 12+ layers)
• HDI boards for consumer and automotive electronics
• Metal-core PCBs for LED and power applications
• Specialty boards for AI computing and satellite communications

Aohong Chairman Chen Dinghong stated during the ribbon-cutting ceremony that the Thailand plant “will improve local support, shorten delivery times for regional customers, and strengthen the company’s global manufacturing network and supply chain resilience.”

Industry Context: Chinese PCB Makers Go Global

Aohong joins a growing list of Chinese PCB manufacturers establishing overseas operations:

• Olympic Circuit Technology — Expanded to Thailand in 2024
• Shennan Circuits — Vietnam facility operational since 2025
• WUS Printed Circuit — Malaysia operations serving automotive customers
• Victory Giant Technology — Thailand plant for consumer electronics PCBs

The trend accelerated after 2023 when major US technology companies began requiring non-China-origin PCBs for certain product lines, particularly those involving government contracts or controlled technology.

Market Implications for Global PCB Buyers

For international hardware companies, the proliferation of Chinese-owned but Thailand-based PCB factories offers interesting procurement options:

Advantages:

• Competitive pricing (Chinese manufacturing expertise with Thai cost structure)
• Favorable trade agreements for export to US/EU
• Geographic diversification for supply chain risk management
• Quality systems established by experienced operators

Considerations:

• New facilities take 12-18 months to reach full yield maturity
• Material supply chains may initially rely on imports from China
• Technology transfer timing means most complex boards (20+ layer, HDI) remain China-produced initially

At AtlasPCB, we maintain production capabilities for high-complexity PCBs including 30+ layer boards, HDI with any-layer via, and impedance-controlled RF designs — the advanced technology segments where our Chinese manufacturing base provides unmatched cost-performance for international customers. For buyers needing a China+1 strategy, we can advise on which board types benefit from multi-source procurement.

Source: IC&PCB Union, May 26, 2026

Image: Vishnu Mohanan via Unsplash

Looking for a PCB manufacturer with global supply chain expertise? AtlasPCB combines advanced manufacturing capability with competitive pricing for HDI, multilayer, and RF PCBs. Explore our capabilities →

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