Posted On: 01/29/2016 7:31:02 PM
Post# of 22465
Clay is on the ball....
"QMC recently signed a US$20M JV partnership with a very well positioned China group (announced this week) to establish production in China and supply the China display market, which is quickly becoming the center of the LCD universe with the largest fleet of next gen LCD fabs that are currently pricing out the South Koreans in displays (Samsung has discontinued manufacturing 32" displays and is now sourcing this size display from a China OEM). China's strategy going forward is committed to producing large format, high quality product (UHD, HDR and WCG) panels and gearing up larger generation form fabs and supply chains to make that happen - which we believe will require many tons of high performance level quantum dot materials. We believe that this large capital commitment/investment by the GTG group into the JV is a strong endorsement of the quality and advanced development stage of QMC's QD products, production capability and solid IP position."
China RoHS has now passed and will be prohibiting cadmium based electronics in China post July 1, 2016 (any electronics product with over 0.01% cadmium content will be prohibited)."
"QMC recently signed a US$20M JV partnership with a very well positioned China group (announced this week) to establish production in China and supply the China display market, which is quickly becoming the center of the LCD universe with the largest fleet of next gen LCD fabs that are currently pricing out the South Koreans in displays (Samsung has discontinued manufacturing 32" displays and is now sourcing this size display from a China OEM). China's strategy going forward is committed to producing large format, high quality product (UHD, HDR and WCG) panels and gearing up larger generation form fabs and supply chains to make that happen - which we believe will require many tons of high performance level quantum dot materials. We believe that this large capital commitment/investment by the GTG group into the JV is a strong endorsement of the quality and advanced development stage of QMC's QD products, production capability and solid IP position."
China RoHS has now passed and will be prohibiting cadmium based electronics in China post July 1, 2016 (any electronics product with over 0.01% cadmium content will be prohibited)."
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