Upgrades Production Line Automation to Enhance Management Efficiency
HONG KONG, CHINA - Media
OutReach - 12 June 2018 - 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.
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