On February 14, 2023, Innolux made a public disclosure that it has reached an agreement to transfer TFT LCD panel and module technology to India’s Vedanta.
The technology transfer is a key milestone for Vedanta, which will facilitate not only a rapid transfer of critical manufacturing technology, but also government approval, financing, supplier support, and improved outcomes for what will undoubtedly be a very big challenge to launch a domestic FPD industry in India.
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