UniPixel Enters into MoU with GIS

UniPixel, Inc., a provider of Performance Engineered Films to the touchscreen and flexible electronics markets, announced a Memorandum of Understanding (MOU) to enter into a strategic partnership with General Interface Solution, Limited (GIS), a Taiwan-based, subsidiary of Foxconn, and a billion-dollar provider of integrated touch display solutions in the mobile phone, Notebook PC, 2-in-1 laptop and tablet markets to global customers including major PC and smart phone brands.
 
Under the memorandum, the parties will form a strategic manufacturing project that will initially extend over three years and which may be renewed by mutual agreement. A definitive agreement is expected to be executed in the coming weeks. The parties also contemplate entering into a separate development project for foldable/flexible displays.
 
“We are very pleased to enter into this MOU with GIS,” Jeff Hawthorne, president and CEO of UniPixel, said. “They are a highly respected, leading-edge provider of integrated touch display solutions. UniPixel will benefit from the manufacturing expertise and scale of GIS to address the volume production requirements of our multiple design wins. Both companies will also explore advanced development opportunities to utilize UniPixel’s unique metal mesh technology to co-develop integrated touch displays for bendable and foldable applications in the coming years.”