TC TECH Sweden AB (publ) announces that the company has received a letter of intent (LOI) from a Chinese manufacturer of premium quality LGPs for LCD displays to order a TCP 150 system with roll-to-sheet feeding (RtS) before the end of the year.
The LOI shortens the delivery time as the production of the TCP 150 system is initiated before the actual order can be confirmed internally by the customer and sent to TC TECH.
The customer produces LGPs in the premium segment and delivers to Chinese as well as international LCD display manufacturers.
“This LOI is important for TC TECH as we will now be able to install our technology also in China, one of the world’s largest markets for LGP manufacturing. As the customer works with several large LCD display manufacturers, they are in an excellent position to get our technology into future models in product categories such as mobile phones, tablets and laptops,” says TC TECH’s CEO Alexander Luiga.