Densitron Technologies PLC Optical Bonding Facility (3673R)
19 November 2012 - 6:00PM
UK Regulatory
TIDMDSN
RNS Number : 3673R
Densitron Technologies PLC
19 November 2012
Densitron Technologies plc
("Densitron" or the "Group")
Optical Bonding Facility
Densitron Technologies plc announces the creation of an Optical
Bonding Facility in Taiwan (the "Facility"). Optical Bonding is the
process that allows displays to be bonded to touch screens and
cover lenses and is becoming an increasing requirement in the
industrial marketplace that the Group addresses. The Facility is
being launched today - the 19(th) November - and the Group has
taken a significant level of orders in advance of the opening of
the Facility.
The operation will be a joint undertaking with Forward
Electronics Co. Ltd (part of the Tatung Group) who will provide the
346 square metre state of the art 10,000 class clean room and the
operational staff to run the Facility. The management of the
Facility will be undertaken by Densitron personnel with the
Densitron Group sourcing opportunities through its network of
subsidiaries, distributors and directly from display suppliers in
Taiwan that have a requirement for a bonding solution. The clean
room will additionally be used for all forms of bonding plus
assembly and testing.
Grahame Falconer, the CEO of Densitron Technologies plc
commented:
"This is a major progression for Densitron as it moves the
business up the supply chain from being an added value distributor
to providing a service and solution to our worldwide customers. We
have carried out extensive research into alternative bonding
solutions and into the market requirement for bonding. We feel that
there is a major opportunity for us to develop this solution
especially to our target Industrial marketplace. We have had a
business relationship with Forward Electronics for many years and
see this arrangement as a natural progression providing Densitron
with the resources required at minimum cost and risk.
"This significant move forward is part of our long term strategy
to create intellectual property and provide additional services
that enables us to offer our customers a full range of solutions to
their product requirements."
Enquiries:
Densitron Technologies plc Westhouse Securities
Grahame Falconer / Tim Pearson Martin Davison / Jonathan Haines
Tel: 0207 648 4200 Tel: 020 7601 6100
This information is provided by RNS
The company news service from the London Stock Exchange
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