I guess Apple should stop doing business with Foxconn.
I'm questioning if some have even read the PR?
The joint venture will be registered in Hong Kong and operated as Quantum Materials Asia Co., Ltd. GTG’s investment and Quantum Materials’ patented mass-production quantum dot manufacturing technology will enable Quantum Materials Asia to start supplying quantum dots to clients in the display, lighting and solar energy industries by the third quarter of 2016
Remember 100KG per day of production for a Gigawatt sized solar facility! DO THE MATH!
The Chinese market is massive. 1 Gigawatt is nothing compared to what will be needed going forward.
GTG’s founding partners and affiliates have contributed to a number of high-profile government and industrial funding projects including multi-billion dollar fund raising in the China display sector as well as large scale international M&A in solar energy sector, also involved in a number of strategic investment projects in diversified fields such as Lighting, Li-ion battery, Biomedical and Security, etc.
Look what Qdvision, Nanoco and Nanosys have raised for the display sector only. 20 million is minor to setup facilities in China.
