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iFire's TDEL technology recognized as a key flat panel display technology by Chinese government
iFire's TDEL technology recognized as a key flat panel display technology by Chinese government.
About this update from Westaim Corporation
[{"type":"text","content":"\n\n\n\n\nCALGARY, Sept. 25 /CNW/ - The Westaim Corporation today announced China's\nMinistry of Information Industry has identified iFire Technology's thick\ndielectric electroluminescent (TDEL) flat panel display technology as a key\narea in consumer electronics technologies for research and product development\nsupport by the Chinese government in its 11th Five Year Plan and 2020 Medium\nand Long Term Planning Outline.\nChina's Ministry of Information Industry's 11th Five Year Plan and 2020\nMedium and Long Term Planning Outline serves as a blueprint for the\ndevelopment of China's information industry to serve the national objective\nand guide industry development. The Outline shows that China will put emphasis\non 15 key areas to support, including high definition television\nmanufacturing, for the next five to 15 years. TDEL was highlighted, along with\nother TV technologies including liquid crystal display (LCD), plasma and rear\nprojection, as being important to China's manufacturing strategy.\n\"The recognition of TDEL as an important consumer electronics technology\nby the Chinese government is an endorsement by one of the most significant\nconsumer electronics manufacturing regions of the world,\" said Barry M. Heck,\nPresident & CEO, The Westaim Corporation. \"We have spent a great deal of time\nfocusing on China and our inclusion with established flat panel technologies\nsuch as plasma and LCD in the Ministry's outline demonstrates China's interest\nin TDEL for the consumer flat panel television industry.\"\nWestaim and iFire are in discussion with a number of companies around the\nworld, including companies from China and other parts of Asia, for potential\ntechnology development and commercialization arrangements. iFire expects to\ncommercialize its technology in partnership with industry leaders and plans to\ninitially target the mid 30- to mid 40-inch screen size consumer television\nmarket segment.\n\"China has the world's fastest growing economy and is emerging as a\npowerhouse in consumer electronics manufacturing,\" said Nick Khoury, President\nof iFire Technology. \"China is already well established as the world's leading\nmanufacturer of CRT televisions and is rapidly gaining recognition as a global\nmanufacturing centre for flat panel television technologies. Chinese\nmanufacturers are keenly interest...