Thinfilm announces corporate restructuring – GlobeNewswire
Oslo, Norway, March 15, 2019 – Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN; OTCQX: TFECY), a global leader in Near Field Communications (NFC) solutions, today announced a strategic update and corporate restructuring aligning the business with the current market adoption of NFC. The Company plans to focus resources on developing and building market adoption of its brand protection and consumer engagement solutions.
Today, Thinfilm took the following steps toward this goal. The Company has:
– Paused development of printed dopant polysilicon (PDPS) technology
– Realigned its sales organization and its go-to-market strategy
– Sharpened its focus on complete product solutions, integrating hardware and software
– Reduced its global footp…