Asia
SYNergy ScienTech, C-LiFe Technologies Tie Up for Cell Contract Manufacturing
SYNergy ScienTech (TPE:6558) signed a letter of intent with C-LiFe Technologies to establish a long-term battery cell contract manufacturing partnership under a toll manufacturing model, according to a Monday Taiwan Exchange filing.Under the deal, SYNergy will fund equipment and materials, while C-LiFe Technologies will provide production facilities, utilities and IT systems, and handle manufacturing operations.The cooperation aims to build production bases outside China, expand new product development and markets, and secure a stable supply chain, the filing said.
TPE:6558
