Zytronic reveals £1m investment
Zytronic, a provider of advanced projected capacitive touch sensor solutions, has invested £1m as part of a strategy to increase its manufacturing capacity.
Tuesday, 02 Feb 2016 12:03 GMT
A significant proportion of touch screen manufacturing at Zytronic takes place at its Newcastle facility
In a statement confirming the move, Zytronic says the additional investment will allow it to focus more on the development of technology such as ultra large-format touch sensors for digital signage, table surface and other applications.
In its 2015 financial year, Zytronic grew by 13 percent”
The largest single investment included a 25 percent increase in a cleanroom area at its manufacturing site in Newcastle.
Mark Cambridge, chief executive of Zytronic, comments: “In its 2015 financial year, Zytronic grew by 13 percent; a key feature of this growth has been further market acceptance of our patented multi-touch projected capacitive technology, which enables multi-user and multi touch sensing in ultra large form factor sizes up to 85.
“During the year, we made a number of investments in our property, plant and machinery to support this growth, increasing our output capacity, especially in large formats, where we saw demand for large touch sensors increase by 50 percent in volume terms over the prior year.”
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