Business news for the stock market
Singulus Technologies Aktiengesellschaft: SINGULUS TECHNOLOGIES Agrees Cooperation with the Konka Group, China, for the Delivery of Vacuum Deposition Systems
Kahl am Main (pta007/08.11.2021/08:10 UTC+1)
Press release
SINGULUS TECHNOLOGIES Agrees Cooperation with the Konka Group, China, for the Delivery of Vacuum Deposition Systems
- Contract was signed at the CIIE 2021 in Shanghai
- Machines for the manufacturing of Micro LED
- Order for several machines agreed
Kahl am Main, November 08, 2021 - SINGULUS TECHNOLOGIES concluded a cooperation agreement with the Konka Group, China, (Konka) on November 7, 2021. Dr. Stefan Rinck, CEO of SINGULUS TECHNOLOGIES, signed a corresponding cooperation contract with Konka at the CIIE 2021 in Shanghai for the development and delivery of vacuum deposition systems for the production of Micro LEDs. For SINGULUS TECHNOLOGIES, the signing of this contact means the entry into the strongly growing semiconductor sector in China and includes the delivery of machines of the TIMARIS type for the manufacturing of Micro LEDs.
Dr. Stefan Rinck comments: "This is an important step for us in the semiconductor segment, for which our company will supply machines for the mass production of Micro LEDs based on the existing and proven TIMARIS product platform." Several vacuum deposition systems are to be ordered as part of the cooperation agreement.
Konka is one of the leading companies in the display segment in China and was founded in 1980. The company is an electronics manufacturer with headquarters in Shenzhen, China and production sites in several cities in China.
SINGULUS TECHNOLOGIES – Technologies for a Sustainable World
Responsible and sustainable corporate governance is very important to SINGULUS TECHNOLOGIES. SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems for efficient and resource-saving production processes, which are used worldwide in the solar/hydrogen, semiconductor, medical technology, consumer goods and data storage sectors. SINGULUS TECHNOLOGIES regards sustainability as an opportunity to position itself with innovative products that follow this spirit.
In the focus are:
• environmental awareness
• efficient use of resources
• avoidance of unnecessary CO2 pollution
The company's core competencies include various processes of coating technology, surface treatment and wet-chemical and thermal production processes.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: +49 (0) 172 833 2224
Email: bernhard.krause@singulus.de
(end)
Emitter: |
Singulus Technologies Aktiengesellschaft Hanauer Landstraße 103 63796 Kahl am Main Germany |
|
---|---|---|
Contact Person: | Bernhard Krause | |
Phone: | +49 170 9202924 | |
E-Mail: | bernhard.krause@singulus.de | |
Website: | www.singulus.de | |
ISIN(s): | DE000A1681X5 (Share) DE000A2AA5H5 (Bond) | |
Stock Exchange(s): | Regulated Market in Berlin, Frankfurt; Free Market in Dusseldorf, Hamburg, Hannover, Munich, Stuttgart, Tradegate |