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This major manufacturer plans to sign a contract for over 3 billion yuan in automotive Mini-LED modules

Source: 中国之光网 Views: 2554

Longli Technology announced at noon on October 17 that the company intends to sign a "Multi-annual Contract" ("Long-term Contract") with Robert Bosch GmbH ("German Bosch"). The company plans to provide vehicle-mounted Mini-LED backlight display modules required by German Bosch for the period 2025-2033. The contract value is approximately $421 million, equivalent to about RMB 3.027 billion.


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According to reports, since 2016, Longli Technology has invested significant funds and manpower in R&D for Mini-LED technology, achieving technical breakthroughs in multiple application areas. It is now successfully applied in automotive displays, tablets, laptops, TVs, monitors, and VR. Longli Technology's Mini-LED automotive display products are widely used in instrument clusters, central control units, air conditioning displays, built-in rearview mirror displays, and other automotive display components, earning recognition from domestic and international automakers.


To further accelerate the company's expansion into the international automotive market, the company intends to sign a major daily operating contract with Bosch Germany to provide vehicle-mounted Mini-LED backlight display module products required by Bosch Germany for the period 2025–2033.


The announcement shows that Bosch Germany was founded in 1886, with its headquarters located in Stuttgart, southern Germany. It operates in automotive and intelligent transportation technology, industrial technology, consumer goods, energy, and building technologies. It is one of the world's largest auto parts suppliers and a Fortune Global 500 company.


Longli Technology stated that the signing of this contract will further highlight the company's advantageous position in the automotive industry regarding its vehicle-mounted Mini-LED backlight display module technology, and will further accelerate the company's expansion into international automotive markets. At the same time, cooperation with world-class enterprises will further promote continuous innovation and upgrading of the company's technology, continuous improvement of product quality, and create greater commercial value for both parties' collaboration.


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