Thinfilm (THIN) has announced that it has completed on the lease of its new US plant, a former Qualcomm facility located in San Jose, which covers 93,000 square foot, with a 22,000+ square foot clean room in a 5.4 acre site. The company has announced that it will install a roll-based production line that will add front-end production capacity of five billion NFC OpenSense (OS) and NFC SpeedTap (ST) tags per year - equivalent to up to $680m in annual revenue, according to management.
10 Oct 2016
Lease completed on new ex-Qualcomm plant
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Lease completed on new ex-Qualcomm plant
Thinfilm (THIN) has announced that it has completed on the lease of its new US plant, a former Qualcomm facility located in San Jose, which covers 93,000 square foot, with a 22,000+ square foot clean room in a 5.4 acre site. The company has announced that it will install a roll-based production line that will add front-end production capacity of five billion NFC OpenSense (OS) and NFC SpeedTap (ST) tags per year - equivalent to up to $680m in annual revenue, according to management.