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Posted On: 05/08/2020 2:49:55 PM
Post# of 43997
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Posted By: jmtimz
$IINX @ 1.9000 ~ a business aggregator in photoelectric display and smart energy fields, today announced a number of updates of its two subsidiaries Shenzhen Baileqi Electronic Technology Co., Ltd. (“Baileqi”) and Lisite Science Technology (Shenzhen) Co., Ltd. (“Lisite”).

On April 20, 2020, a management team lead by Mr. Yang Yan, president of Ionix Technology, has visited Baileqi and Lisite in Shenzhen to learn about the operational situation of the two subsidiaries under the current market conditions.

Baileqi Update

Due to the increasing demand for online education, live webcasts and online communication platforms, Baileqi has received an increased amount of orders in the past few months for its LCD modules, which are the key components of the remote communication terminals.

Baileqi also plays an important role in Ionix Technology’s OLED module project. At present, the 5.5-inch OLED screen has come off the line and been applied to the urban rail transit system. Also, a detailed plan has been made regarding the construction of six OLED production lines in 2020.

https://finance.yahoo.com/news/ionix-technolo...10326.html

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