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TTM Technologies Plans $400 Million Asia Capacity Expansion

The Nasdaq-listed company will expand four facilities in China and one in Penang, Malaysia, adding to a $1.2 billion investment commitment through 2029.

An empty production floor illuminated by soft morning light / TokenPost.ai
An empty production floor illuminated by soft morning light / TokenPost.ai

TTM Technologies plans to invest an additional $400 million to expand production capacity at four facilities in China and one in Penang, Malaysia.

The Nasdaq-listed company’s new spending is incremental to a previously announced $1.2 billion commitment through 2029. The expansion will increase capacity across the five facilities.

The plans extend TTM Technologies’ investment program in Asian manufacturing capacity through 2029.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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