The customer is one of the larger Chinese companies within development and production of optical films, including diffusers for mini-LED displays. Their customers include several of the larger electronics manufacturers in
"This order is positive for TC TECH for a number of reasons. First and foremost, we are excited that our solution has been selected for the manufacturing of diffusers for mini-LED displays, as this is one of our prioritised focus areas where we see strong growth potential. Our assessment is that a significant part of the market for LCD displays to mobile phones and laptops will upgrade to mini-LED backlighting during the coming years, and we are working actively to be part of the discussions when the manufacturers of diffusers for these displays upgrade their equipment. This order also indicates that investments are beginning to increase again in the market segments where we are active after a period with low investment levels due to the Covid-19 pandemic," says TC TECH's CEO
For further information, please contact:
Tel: +46 (0)8-788 08 01
Email: alexander.luiga@tctech.se
www.tctech.se
This information was submitted for publication through the agency of the contact person set out above, at 09.20 C.E.T. on
About TC TECH
TC TECH is an innovative high-tech company that has developed its very own system for the production of advanced plastic details with nano patterns. Operations are based on an IPR-protected induction technique that makes it possible to heat and cool material - rapidly and with high precision. Initially, TC TECH has chosen to focus on systems for the production of diffusers for mini-LED and so-called Light Guide Plates (LGP) for screens and displays. TC TECH has its statutory seat and head office in
The TC TECH share is listed on Nasdaq First North Growth Market.
https://news.cision.com/tc-tech-sweden-ab--publ-/r/tc-tech-receives-order-valued-at-660-000-usd-from-chinese-manufacturer-of-diffusers-for-mini-led-dis,c3376151
https://mb.cision.com/Main/13421/3376151/1438649.pdf
(c) 2021 Cision. All rights reserved., source