Kinestral Technologies announces Foxconn subsidiary manufacturing deal to produce #HalioGlass

March 08, 2017 09:00 AM Eastern Standard Time - SOUTH SAN FRANCISCO, Calif. & TAIPEI, Taiwan--(BUSINESS WIRE)

Kinestral Technologies, Inc., announced today that it has partnered with G-Tech Optoelectronics Corporation (GTOC), a subsidiary of the Foxconn Technology Group, to begin mass production of Halio, the world’s most responsive smart-tinting glass. Under the agreement, the two companies will convert an existing GTOC touch panel manufacturing facility in Taiwan to produce Halio, representing a total investment of approximately $100 million over two phases.

Underscoring the company’s values of recycling and sustainability, Kinestral will leverage existing GTOC capabilities and infrastructure in building the new production line. The new line will augment an existing manufacturing facility in Hayward, Calif.

The renovation of the 110,000 square foot manufacturing facility in Taiwan is scheduled for completion later this year, with volume production of Halio glass sized up to 3 meters by 1.5 meters beginning in early 2018. The smart-tinting glass produced in Taiwan will be shipped to manufacturing centers in the USA, Europe, and elsewhere for assembly into high value Halio products.

The partnership with GTOC is also expected to provide Kinestral with access to the booming construction industry in China.

[an error occurred while processing this directive]About GTOC
GTOC, a subsidiary of Foxconn Technology Group, is recognized for its first-tier brand customers in consumer electronics and non-consumer electronics segments such as architecture and automobiles.

About Kinestral
Headquartered in the San Francisco Bay Area, Kinestral Technologies, Inc., develops technologies that transform glass into responsive, intelligent, and beautiful architectural elements. The company's research and development efforts have resulted in a growing global patent portfolio in manufacturing, device processing, and smart window control systems. Visit www.kinestral.com for more information.

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