SJS signs tech license and supply deal with BOE Varitronix for auto displays
SJS · price
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SJS Enterprises has signed a 5-year Technology License cum Exclusive Supply Agreement with Hong Kong-based BOE Varitronix to manufacture and assemble automotive display systems in India. BOEVX will transfer technology, know-how and supply key components including cover glass and backlight units, while SJS will manufacture, market and sell the products. The deal is not a related party transaction, and pricing will be mutually decided.
Marks SJS entry into automotive display manufacturing, opens a new high-value growth vertical and strengthens its position with Indian auto OEMs; positive long-term strategic move.