TC TECH Sweden AB (publ) announces that the company has received final approval of a production system for high-performing LGPs used in LCD displays from a Taiwan-based customer. The system has been delivered and installed at the customer’s facilities during the spring.
The order was announced in a press release on April 1, 2019. Delivery, installation and now final approval of the system have subsequently been achieved according to plan.
“As we have stated earlier, this customer has a strong focus on R&D and production of LGPs for tablets and laptops in the premium segment, which is a very promising segment for our technology,” says TC TECH’s CEO Alexander Luiga.
Since late 2018, TC TECH has dedicated substantial resources to create a more robust and effective manufacturing and delivery chain. The company is now starting to see positive results from these efforts.
“In addition to a competitive product, we are now able to offer a more predictable delivery process with shorter lead times and better scalability. This is an important step forward for TC TECH which makes us more attractive in current and future negotiations,” says Alexander Luiga.