AT&S to expand investment in China

HONG KONG, Nov. 7 (Xinhua) -- Austria Technologie & Systemtechnik AG (AT&S) has seen great business opportunities in the Chinese market and will expand its investment in China as the country is increasingly focusing on the high-end technology products, Andreas Gerstenmayer, CEO of the Europe's largest printed circuit boards (PCB) maker said here on Wednesday.

Gerstenmayer said in a press meeting that "With high levels of education, a skilled workforce and a supportive business environment, we see a great opportunity to continue our investment program into China as the country becomes increasingly focused on the manufacture and production of high-end technology products."

He said AT & S is Austria's biggest investor in China, with over 750 million U.S. dollars invested in the region to date, adding that the investment tie is still expanding.

Gerstenmayer expects China to become the key revenue and margin driver for AT & S as a result of its continued investment into the country.

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