Varitronix becomes a subsidiary of BOE
On 28th April 2016, BOE Technology Group Co. Ltd. purchased a 54.7% shareholding in Varitronix International Limited and as a result, Varitronix has become a subsidiary of BOE.
Varitronix will become BOE’s sole development, manufacturing and distribution platform for their automotive display module and system business. Applications will include vehicle networking, automotive displays and electronic systems. Varitronix will also become a customer of BOE and will be able to offer BOE panels to their customers alongside their own products.
BOE and Varitronix plan to set up a joint R&D team, to develop new products using innovative technologies, taking full advantage of over 40,000 BOE display patents. For example, OLED, curved-and free shape TFT LCD, on-cell, in- cell and 3D gesture touch screen technologies for automotive and industrial applications. Varitronix plan to expand their TFT and Touch Panel business, and will invest in a series of state-of-the-art, fully-automated manufacturing lines.
Trade names belonging to Varitronix, and their key personnel will remain unchanged - there will be no changes to the day-to-day business, except that more panel products will be available to both BOE customers and Varitronix customers.
Varitronix displays are manufactured in accordance with international certifications including ISO 9001 for general quality management and ISO/TS 16949 for quality management of automotive products.