Diguang International enters into a large contract with Samsung SDI
Last week, Diguang International Development Co. has announced that it has entered into a contract with Samsung SDI Co., Ltd. Diguang’s Mobile Phone Strategic Business Unit is expecting to deliver to Samsung estimated monthly shipments of 500,000 mobile phone backlight units per model starting from early to mid-2008, with expected shipments in 2008 under the contract to total a minimum of 10 million units. Upon the agreement of both companies, the contract may be renewed.
Song Yi, President and CEO of Diguang International, has noted that this announcement was a major milestone for Diguang in further increasing company’s international presence. By his words, “The Samsung SDI contract calls for the highest in technical and quality control standards, and meeting its challenges will position us with stronger competitive advantages than ever before.”
Diguang International is a Nevada corporation specializing in the research, development, production, sale and distribution of backlights and backlight technologies, through its subsidiaries one of which is based in the British Virgin Islands. Two weeks ago the company conducted a conference call and webcast to discuss financial results for the third quarter of the year ended September 30, 2007.