Deswell Industries, Inc. Announces the Purchase of New Manufacturing Equipment At Both Its Electronics and Plastics Divisions
June 17, 2021 at 10:42 am EDT
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Deswell Industries, Inc. announced the purchase of new manufacturing equipment at both its electronics and plastics divisions. The Company expects to install the new equipment at the respective manufacturing facilities in August 2021. The company purchased two Panasonic SMT (Surface Mount Technology) placement systems for the electronic division in February 2021 for CNY 2.6 million and two HaiTian new generation 800 tons injection molding machines with 2 Star Seiki high speed 5 axis servo robots for the plastic division for CNY 2.8 million.
Deswell Industries, Inc. is engaged in the manufacturing and selling of injection-molded plastic parts and components. The Company also provides manufacturing services for electronic products and subassemblies, and manufactures metallic molds and accessory parts for original equipment manufacturers (OEMs) and contract manufacturers. Its segments include plastic injection molding and electronic products assembling. It produces a range of plastic parts and components that are used in the manufacture of consumer and industrial products, using various plastic injection technologies, such as film injection, integrated injection and insert injection. Its products include plastic components of electronic entertainment products; cases for flashlights, telephones, paging machines, projectors and alarm clocks; toner cartridges and cases for photocopy and printer machines; parts for electrical products, such as air-conditioning and ventilators; laser key caps, and automobile components.
DESWELL INDUSTRIES, INC. 
