Amber Group Signs MoU with South Korea's Korea Circuit, a YoungPoong Group Company

Diversified B2B company Amber Group, with expertise in Consumer Durables, Electronics (EMS), and Railway Subsystems & Mobility, has formalized a Memorandum of Understanding (MoU) with South Korea's Korea Circuit, a subsidiary of the YoungPoong group, through its recent venture Ascent Circuits.

The collaboration is poised to elevate the capabilities of Ascent Circuits (Amber), focusing on delivering advanced solutions to the Mobile & Semiconductor industry. This strategic partnership will encompass a comprehensive portfolio of Printed Circuit Boards (PCBs) crucial for various applications in India's burgeoning electronics manufacturing sector, including HDI, Flex, Semiconductor substrate, Multilayer, Double-sided, and Single-sided PCBs.

Korea Circuit, with a rich legacy of 45 years, stands as a pioneer in the Korean PCB industry and has played a pivotal role in the evolution of Korea's electronics sector. Armed with cutting-edge technology, the company specializes in manufacturing PCB solutions such as HDI, Flex, Semiconductor substrates, Multilayer, Double-sided, and Single-sided PCBs. These solutions find applications across diverse industries, including Mobile, IT, Semiconductors, Home appliances, Consumer electronics, Aerospace & Defence, Medical, Energy solutions, Automotive, Telecom, Data Centres, and more.

The collaboration between Amber and Korea Circuit is expected to empower Korea Circuit in providing solutions to major customers in India, thereby gaining a competitive advantage in the Indian market and fostering business growth. The MoU represents a significant stride for Korea Circuit's expansion into the Indian market, positioning the company to meet the escalating demand for electronics and ensuring a reliable and efficient supply chain for its customers.

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