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PCB manufacturer Meiko shares rise as company shifts production away from China
Sunday, March 1, 2026 at 08:11 PM
Japanese printed circuit board manufacturer Meiko is seeing a surge in investor interest and stock price due to its strategic shift away from Chinese manufacturing and its role as a critical supplier to SpaceX and Apple.
Context
Shares of Meiko Electronics have surged as the company accelerates its strategic pivot from China to Vietnam, a move driven by the supply chain diversification requirements of Apple and SpaceX. As a critical provider of high-spec printed circuit boards, Meiko is de-risking its manufacturing footprint to secure production for satellite communication hardware and AI-integrated smartphones. This transition positions the firm as a primary beneficiary of the "China Plus One" strategy while maintaining its role as a top-tier supplier for next-generation technology.
To support this shift, the company is investing approximately $200 million in new Vietnamese facilities, with expanded production scaling through 2025. Analysts recently raised the stock’s target price to 23,200 yen, citing strong growth potential in the AI server and automotive sectors. With a revised annual net profit forecast of 20 billion yen, the firm is successfully evolving into a resilient and indispensable link in the global high-tech hardware supply chain.
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