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The latest update is out from Meiko Electronics Co., Ltd. ( (JP:6787) ).
Meiko Electronics Co., Ltd. announced a strategic business alliance with Allied Circuit Co., Ltd. to enter the high-layer printed circuit board market, with a focus on the AI server sector. This collaboration will lead to the establishment of a joint venture, Allied Circuit Meiko Vietnam Co., Ltd., and the construction of a new manufacturing facility in Vietnam. The joint venture aims to enhance Meiko’s market position and accelerate its entry into the growing high-layer market, though the immediate financial impact is expected to be minimal.
The most recent analyst rating on (JP:6787) stock is a Buy with a Yen11700.00 price target. To see the full list of analyst forecasts on Meiko Electronics Co., Ltd. stock, see the JP:6787 Stock Forecast page.
More about Meiko Electronics Co., Ltd.
Meiko Electronics Co., Ltd. operates in the electronics industry, focusing on the manufacturing and sales of printed circuit boards. The company is listed on the Prime Market of the Tokyo Stock Exchange and is expanding its market presence in the high-layer printed circuit board sector, particularly targeting the AI server market.
Average Trading Volume: 200,370
Technical Sentiment Signal: Buy
Current Market Cap: Yen254B
For an in-depth examination of 6787 stock, go to TipRanks’ Overview page.