Mechanical engineer
Manz gets display production up and running
High-tech equipment manufacturer Manz has realized a major order with a total volume of 90 million US dollars in the Electronics division for HKC, one of the top 3 display manufacturers on the Chinese market.
The company supplies wet-chemical systems for the production of large-format displays on Generation 8.6 substrates (2,250 x 2,610 millimeters). HKC was able to produce the first LCD TV panel just 69 days after the start of installation of the first systems for wet-chemical exposure, the heart of a display production line. The industry standard for this process is 90 to 100 days. Manz has had a good business relationship with HKC for many years. Manz was awarded the contract for the current order in August 2018 due to its decades of expertise in wet-chemical processes and automation, its reliability and the very short ramp-up phase.
Martin Drasch, CEO of Manz, is proud: "The swift and smooth implementation of this important sub-project is impressive proof that we, as a medium-sized high-tech equipment manufacturer, can implement large turnkey orders in Asia on schedule and in record time." The delivery and final acceptance of all machines from the current major order are expected to be completed in the second half of 2019. Around 30 percent of the order was already recognized in revenue and earnings in 2018, with around 70 percent attributable to the current fiscal year. The revenue and earnings contributions from this order are already included in Manz's 2019 forecast. as
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