Manz Automation AG : 1 August 2013 Manz AG successfully expands position in high-growth market segment with major order from OL

Last updated on Fri 03/03/2023 - 10:24

http://www.4-traders.com/MANZ-AUTOMATION-AG-502682/news/Manz-Automation-AG--1-August-2013-Manz-AG-successfully-expands-position-in-high-growth-market-segme-17143654/

Manz AG, one of the world's leading high-tech engineering companies with its extensive technology portfolio for the three strategic business units Display, Solar and Battery, has received an order with a total volume of more than EUR 9 million from a leading Chinese manufacturer of OLED displays. This large order for wet-chemical processing equipment for the production of OLED displays is also one of the first ones made by China's upcoming OLED industry to date. The expansion and outsourcing of production capacities from South Korea to China underscores the growing significance of OLED technology and boosts this sector's future growth. As the world market leader for wet-chemical processing systems - one of the most important process steps in the production of displays and touch panels - Manz enjoys an outstanding position to participate to an above-average extent in the OLED display market's future growth.

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