Sep 23, 2019

Increase in product output for Changchun Fangguan Ionix Technology, says that its subsidiary Changchun Fangguan Photoelectric Display Technology has increased its product output over the past three months. As of September 20, 2019, Changchun Fangguan has reached an average product output of more than RMB 15 million (EUR 1.91 million) per month in July, August and September. The total product output of these three months increased 56.59%, compared to the total product output of RMB 21.17 million (EUR 2.70 million) in the fourth quarter of fiscal year 2019, and increased 85.61% compared to the total product output of RMB 17.86 million (EUR 2.28 million) in the first quarter of fiscal year 2019. "Driven by the frequent upgrades of electronic devices such as ETC system, USB security key for banks and smartphones, the market demand for display screens grows constantly. Due to our technical strength and high quality of products, Changchun Fangguan received more production orders than the industry average," said Mr. Jialin Liang, director of IINX and general manager of Changchun Fangguan. "By expanding our market channel and proactively seizing market opportunities, we believe Changchun Fangguan can take advantage of the market trend and increase its market share in display screen industry," Liang continues. Ad