TC TECH Sweden AB (publ) announces that the company has received an order covering production system for manufacturing of optical films such as LGP's, front lights and diffusers for mini-LED displays from the Taiwan-based company Global Lighting Technologies. The total order value is approximately 6.0 MSEK.

Global Lighting Technologies is a leading company within development and large-scale production of advanced diffusers. The company has over 1,600 employees, and in addition to Taiwan, business operations are also conducted in Japan, China and the United States. 

The order includes a TCP150 RtS production system, which will be used in the customer's development activities with the aim to integrate it in commercial solutions.

Delivery is expected to be carried out during the fourth quarter of 2022.

For further information, please contact:

Alexander Luiga, C.E.O., TC TECH Sweden AB (publ)
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 16.10 C.E.T. on August 24th 2022.

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 Stockholm (Spånga), Sweden, where also R&D operations are based.

 

The TC TECH share is listed on Nasdaq First North Growth Market.

Arctic Securities is the company's Certified Adviser, email: certifiedadviser@arctic.com, tel: +46 844 68 61 00.

https://news.cision.com/tc-tech-sweden-ab--publ-/r/tc-tech-receives-order-valued-at-6-msek-from-taiwan-based-manufacturer-of-optical-films,c3619726

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