TC TECH Sweden AB (publ) announces that the company has signed an agreement with a customer in Taiwan to deliver a second TCP-150 system, including Roll-to-Sheet (RtS) functionality, for production of High Performance LGPs used in LCD displays. The delivery is expected to begin in December 2018 and will be visible in the interim report for Q1 2019, at the latest.
The company has previously announced the customer’s intent to sign an agreement for the delivery of a second system after final approval of the first delivery.
“The fact that the customer has decided to move forward with the second delivery almost immediately after having approved the first system show that there is a substantial demand in the market to be able to manufacture LGPs with the market leading quality that the TCP 150 delivers. It also proves that we have succeeded in building a strong customer confidence in our ability during the testing and adjustment phase, as well as that our system has reached an industrial level of quality,” says TC TECH’s CEO Alexander Luiga.
The company is now shifting its main focus from substantial development work to more marketing activities, including intensified application development and additional production of samples as well as demonstrations of the TCP 150 system for potential customers.