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Largest touch panel manufacturer invests in Pingtan

( chinadaily.com.cn )

Updated: 2013-01-24

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TPK Holding, the largest touch panel manufacturer based in Taiwan, will set up operations in Pingtan, according to information released on Jan 23, Fujian Daily reported.

TPK, a leading company in projected capacitive technology in the world, mainly provides touch solutions for well-known products like Apple's iPhone and iPad. Its subsidiaries include TPK Touch Solutions (Xiamen) and Optera Technology (Xiamen).

The new subsidiary in Pingtan will be named TPKP and have a registered capital of $150 million and total investments of 3 billion yuan ($482.4 million). The project will start and finish this year.

Pingtan attracted TPK thanks to its preferential policies and geographic advantages. TPK believes in Pingtan's huge growth potential. Sun Daming, TPK general manager, said TPK wants to take advantage of Pingtan's advanced infrastructure and supportive policies for the company's future development.

"This project will facilitate common industries and enhance cooperation across the Straits," said Xie Xiutong, director of the pilot zone's administrative office.

"We will provide quality service for the project and build a pro-investment environment for future partners."

Edited by Chen Zhilin and Michael Thai