Nolato Telecom forming joint venture with Chinese metal specialist

Nolato Telecom forming joint venture with Chinese metal specialist

Nolato Telecom, a business area in the Nolato Group, has signed a joint venture
agreement with the Chinese metal specialist OPD. A joint development and sales
company will broaden Nolato Telecom's customer offering to its mobile telephone
customers to include not only plastic components but also metal ones.

“The metal content of many mobile phones is increasing and metal is used,
combined with plastic, for such purposes as creating design effects,” comments
Jonas Persson, Head of Nolato Telecom. “Historically, our strength has been with
plastic, but by partnering with OPD we are now broadening our customer offering
in metal technology. 

“This broadening is in response to customer demand and will strengthen our
market position. Mobile phone manufacturers want a single supplier to be able to
deliver both plastic and metal parts,” Mr. Persson says. 

OPD is a leading supplier of both cosmetic and non-cosmetic metal for consumer
electronics, with a very good reputation in the mobile phone sector. The
partnership will take the form of a joint development and sales company in which
Nolato and OPD are each half-owners. This company will carry out its operations
at Nolato Telecom in Beijing and Shenzhen, China, offering mobile phone
manufacturers fully integrated plastic and metal technology.


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For further information, please contact:
Jonas Persson, President Nolato Telecom Business Area, +46 703 452036

The Nolato Group is a high-tech developer and manufacturer of polymer components
and product systems for leading customers in telecommunications, automotive
products, white goods, medical technology, hygiene and other selected industrial
sectors. The Group has operations in Sweden, China, Hungary, Japan, Malaysia,
Norway, Poland and Czech Republic. Nolato's shares are quoted in the OMX Nordic
Exchange, Mid Cap, Information Technology. www.nolato.com