8 months ago

SJS Enterprises Partners with BOE Varitronix for Automotive Displays

SJS Enterprises Partners with BOE Varitronix for Automotive Displays
SJS Enterprises inks technology, supply deal with Hong Kong’s BOE Varitronix · CNBC TV 18

SJS Enterprises, an Indian company, has teamed up with a Hong Kong company called BOE Varitronix.

They signed an agreement to work together on making special screens for cars.

SJS will put together and improve these screens in India.

BOE Varitronix will provide important parts and help SJS make these parts in India.

This partnership is part of SJS's plan to grow and become better at making things for cars.

Both companies are excited because they think this will help them make better car screens and serve customers well.

After the announcement, SJS's stock price went up a little.

Key facts

Companies Involved
SJS Enterprises Ltd and BOE Varitronix Ltd (BOEVX)
Agreement Type
Technology Licence-cum-Supply Agreement (TLA)
Scope of Work
Optical bonding and assembly of automotive display systems
Market Focus
Domestic market in India
Key Components
Optical bonding processes, cover glass, backlight units
Technology Transfer
Licensed technology, know-how, technical expertise
Stock Performance
SJS Enterprises shares up 3.39% on NSE

Quotes

James Park

Chief Strategy Officer of BOE Varitronix

“By combining BOEVX’s global expertise with SJS’ strong manufacturing capabilities, we aim to deliver localised automotive display solutions and create long-term value for customers and stakeholders.”
CNBC TV 18

Sources

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