Quantum Materials Corp to Launch Quantum Dot Production in China, Joint Venture Partner GTG Commits $20 Million US Investment
SAN MARCOS, Texas, Jan. 27, 2016 (GLOBE NEWSWIRE) -- Leading North American quantum dot manufacturer Quantum Materials Corp (OTCQB:QTMM) today announced that the company has entered into a joint venture with Guanghui Technology Group (“GTG”) whereas GTG will invest $20 Million US for building out Quantum Materials QDX™ quantum dot production facilities and quantum dots application development in China. Embedding quantum dot production regionally allows Quantum Materials to work closely with clients to customize quantum dot characteristics to optimize manufacturing efficiencies as well as supply chain logistics.
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