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GLT shutters China plant, eyes Vietnam trial and biomedical expansion
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GLT shutters China plant, eyes Vietnam trial and biomedical expansion
Global Lighting Technologies (GLT) has liquidated its Zhongshan factory in Guangdong, China and has plans to start trial production at its new facility in Vietnam facility in the fourth quarter of 2025. GLT chairman Mang-shiang Lee said the company has reduced display segment revenue to below 5% of its overall sales and is expanding into the biomedical sector for stable future growth.
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