In recent years, the TV manufacturing industry is always facing the problem of raw material shortages, LCD screens are under the critical situation which seriously affect the industry's production and export volume. Coupled with the recent trade barriers, this makes the situation even worse. In order to reduce this pressure and impact on customers, Express LUCK Group is putting extra effort to maintain a stable and reliable relationship with suppliers, this year has made a breakthrough – sign “A Joint Memorandum of Co-operation with Innolux Optoelectronics Co., Ltd. (Innolux)” in Taipei on October 22, 2018, this will effect on January 1, 2019.
Agreement Signing Ceremony
Left: James YANG - President of Innolux Corporation
Right: Mr. Sam CHAN – Chairman of Express LUCK Group
Innolux is one of the important strategic partners of Express LUCK Group for enduring years. This breakthrough joint collaboration arises because both companies are having the same philosophy. Under this joint memorandum, the companies can strengthen the mutual cooperation, tacit understanding and an even closer daily communication. This allows them to improve internal coordination and makes longer-term alliance strategic partnerships for the future. Most importantly, there is a joint Research, Development and Enhancement in product development and applications, eventually benefit to the end consumers to enjoy the products which are value-for-money as well as the smart visual enjoyment no matter where they are.
“The signing of this Joint Memorandum is a new era between Express LUCK Group and Innolux. On one hand we are really cherish the long-term relationship with Innolux. Mutually we would like to become the Best Commercial Alliance of each other, this can help to stabilize the supply of raw material; in the longer-term can also sustain the R&D and Enhancement for both companies. This collaboration can drive us to the next level for a broaden vision,” stressed Mr. Sam CHAN - Chairman of Express LUCK Group.
Exchange souvenirs and team photo
Through this agreement, the companies will be more responsive with higher accuracy. After all, the current world trade environment is very sophisticated from that of a decade ago, the globalized strategy should be more forward-looking to tackle the tough global environment.
Notes to Editor:
Express LUCK Group is a high-tech company with rapid expansion. Its main business focuses on smart cloud televisions, LCD TVs and commercial displays. Through Global Manufacturing Support and strategically set-up factories and Sales Offices in different continents in USA, Colombia, Mexico, Egypt and Hungary. With integration from R&D, design, manufacture and sales; products are now exporting to over 60 countries in the world, including Europe, South America, North America Free Trade Area (NAFTA), Middle East & Africa and other major markets.