Quantum dot manufacturer Quantum Materials has entered into a joint venture with Guanghui Technology Group (GTG) whereas GTG will invest $20 million for building out a quantum dot facility in China.
The ongoing issue of liquid crystal display (LCD) oversupply–exacerbated by China’s aggressive investment in production capacity as well as high fab utilization–will continue well into 2016. The supply of large-area LCD is expected to be 14% greater than demand in 2016, up from 12% in 2015, according to IHS.
What blows my mind is how incredibly hard it is to get a foothold in the Chinese Supply side markets and the 'diamond in the ruff' seems to have overcome this HUGE Barrier!!!! Sweet
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.