This establishment of a subsidiary is conducted in accordance with TC TECH's clearly stated ambition to scale up the company's market and sales operations in its most important market. The financing is secured, as TC TECH recently conducted a directed share issue from which the company received approx. 10.6 MSEK in cash.
"This establishment of a permanent presence and testing capacity will enable us to come much closer to our existing and potential customers in
For further information, please contact:
Tel: +46 (0)8-788 08 01
Email: alexander.luiga@tctech.se
www.tctech.se
This information was submitted for publication through the agency of the contact person set out above, at 18.30 C.E.T. on
About TC TECH
TC TECH is an innovative high-tech company that has developed its very own system for the production of advanced plastic details with nano patterns. Operations are based on an IPR-protected induction technique that makes it possible to heat and cool material - rapidly and with high precision. Initially, TC TECH has chosen to focus on systems for the production of so-called Light Guide Plates (LGP) for screens and displays. TC TECH has its statutory seat and head office in
The TC TECH share is listed on Nasdaq First North Growth Market.
https://news.cision.com/tc-tech-sweden-ab--publ-/r/tc-tech-announces-that-the-company-will-establish-a-subsidiary-in-taiwan,c3295249
https://mb.cision.com/Main/13421/3295249/1378426.pdf
(c) 2021 Cision. All rights reserved., source