TTM Technologies plans to build a new $130 million printed circuit board manufacturing plant in Malaysia. The facility will be located in the Penang Science Park on a 27-acre site. Construction will begin in 2022 and production in the second half of 2023. Serial production at the first stage will start in 2024 and revenues will be $180 million by 2025. Once the second stage starts, production volume will increase by 25%.