Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 12 June 2018, 19:30 HKT/SGT
Share:
    

Source: China Display Optoelectronics Technology Holdings Limited
China Display Opt Forms a Partnership with Foxconn to Set Up Smart Factory
Upgrades Production Line Automation to Enhance Management Efficiency

HONG KONG, June 12, 2018 - (Media OutReach) - China Display Optoelectronics Technology Holdings Limited ("Ch Display Opt" or the "Company", together with its subsidiaries, the "Group"; HKSE stock code: 334) is pleased to announce that it has reached an agreement with Maxnerva Technology Services Limited ("Maxnerva", HKSE stock code:1037), an affiliate of Foxconn Technology Group ("Foxconn") to gradually set up a smart factory, that can fully optimise production line efficiency and enhance the company's management innovation and decision-making capabilities.

The Group has been taking the initaitve to implement the "Made in China 2025" national strategy and continuing to improve its production process, in order to strengthen the capabilities in data collection and analysis in automated factories and satisfy customers' growing demands for smart production. Recently, the Group has formed a cooperation agreement with Maxnerva, an affiliate of Foxconn, to establish its smart factory. The first phase of this project was formally launched in May 2018 in Huizhou and the rennovation of the Huizhou production line is expected to be completed by the end of this year. With the advancement of "Industry 4.0", smart factories have become crucial in practising smart manufacturing. Through the cooperation with Foxconn, the Group will build on its exisiting production line to raise its equipment data collection and analysis capabilities, and develop big data applications to gradually increase the interconnectivity between human beings and machines. It is aniticipated that this project will help the Group to further enhance transparency in production lines management, improve product quality, and effectively reduce costs to achieve sustainable business development.

About China Display Optoelectronics Technology (334.HK)
Headquartered in China, China Display Optoelectronics Technology Holdings Limited (HKSE stock code: 334) is one of the major providers of small-to-medium-sized display modules in the region. Ch Display Opt engages primarily in the research and development, manufacturing, sales and distribution of LCD modules mainly for handheld mobile devices on an ODM basis. Smartphone LCD module products of Ch Display Opt are welcomed by domestic and overseas manufacturers with sales volume ranking among the top.

For more information, please visit its website at www.cdoth8.com.

Issued by Cornerstones Communications Ltd. on behalf of China Display Optoelectronics Technology Holdings Limited. For further information, please contact:

Cornerstones Communications Limited
Prudence Lai / Sharon Kwok / Yesan Ma
Tel: (852) 2903 9291 / 2903 9288 / 2903 9287
Email: [email protected]


June 12, 2018 19:30 HKT/SGT
Topic: Press release summary

http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



China Display Optoelectronics Technology Holdings Limited
June 7, 2018 20:20 HKT/SGT
China Display Optoelectronics Technology Holdings Limited Broadens Its Capabilities to Produce Medium Sized Display Modules
Apr 24, 2018 20:15 HKT/SGT
China Display Optoelectronics Technology Holdings Limited Announces Unaudited Financial and Operating Data for the First Quarter of 2018
Mar 26, 2018 18:45 HKT/SGT
China Display Optoelectronics Technology Holdings Limited Announces 2017 Annual Results
More news >>
 News Alerts
Copyright © 2018 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: