Amazon Invests in Taiwan-Based PCB Maker Gold Circuit Electronics
Gold Circuit Electronics, a major printed circuit board manufacturer, has secured a significant investment from Amazon. The global e-commerce giant subscribed to 1,856,308 shares at NT$856 per share in Gold Circuit's private placement, raising approximately NT$1.59 billion ($49.9 million). This investment marks the first time Amazon will hold shares in Gold Circuit Electronics.
The funds raised from this private placement will be used to bolster working capital required for long-term operational development. The acquired shares are subject to a three-year transfer restriction, after which they may be listed and traded according to relevant laws.
Gold Circuit Electronics' board of directors approved the investment plan simultaneously with the private placement. A NT$7.9 billion ($248.1 million) capacity expansion plan will be funded through the issuance of unsecured convertible bonds, with investment expected to commence progressively from Q4 2026.