ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Trio-Tech signs Joint Venture Agreement to Provide Burn-In and Systems Level Testing

Trio-Tech International (NYSE MKT: TRT) today announced that it has signed a Joint Venture agreement with a Chinese company located in Suzhou, China; with expertise in System Level Testing (SLT). The new joint venture company will provide testing and burn-in services for a variety of semiconductor components with applications in computing and automotive electronics. Trio-Tech and the other party to the joint venture agreement are currently in the process of establishing the new joint venture company.

S.W. Yong, Trio-Tech's CEO, said “This new joint venture will operate a facility, only a few miles from our operations in Suzhou, China, with a team that has advanced expertise in burn-in testing and SLT for advanced semiconductor products and assemblies. The technical expertise and influence of the Chinese company, coupled with our experience in the burn-in industry, will create a significant competitive advantage in providing SLT and burn-in testing services for integrated semiconductor assemblies in the rapidly growing electric vehicle industry. We expect this joint venture to enhance the future growth of Trio-Tech.”

“SLT adds the ability to test the performance of semiconductor components, or multiple components, as they perform when packaged together. It differs from structural and functional testing of semiconductor components by including a performance evaluation of the components when tested together as integrated systems and installations,” added Mr. Yong.

Mr. Yong also noted that Trio-Tech will hold a majority equity ownership position in the new joint venture company and said the joint venture company expects also to provide testing and equipment maintenance services for its customers.

About Trio‑Tech

Established in 1958, Trio-Tech International is located in Van Nuys, California, with its Principal Executive Office and regional headquarter in Singapore. Trio-Tech International is a diversified business group with interests in semiconductor testing services, manufacturing and distribution of semiconductor testing equipment, and real estate. Our subsidiary locations include Tianjin, Suzhou, Chongqing in China, as well as Kuala Lumpur Malaysia and Bangkok Thailand. Further information about Trio-Tech's semiconductor products and services can be obtained from the Company's Web site at www.triotech.com and www.universalfareast.com.

Contacts

Company Contact:

A. Charles Wilson

Chairman

(818) 787-7000

Investor Contact:

Berkman Associates

(310) 927-3108

robert.jacobs@jacobscon.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.