My read on this is that it is to develop an addition to their equipment products. Not their dyes/pastes etc.
So there are two sources of revenue for DYE, one is the dyes and pastes that we talk about most often, but the one turning real dollars at the moment is the supply of equipment to manufacture DSC products. So there are screen printers, and test beds, and all sorts of gizmos. See their website store for the full catalogue.
My take on this ann. is that they want to put together an off the shelf, fully automated production line. Starting at 20,000sq/m but scalable from there. Seems that the subsidary is the one actually putting together a lot of the current line of equipment they sell, and now they are in partnership to develop, produce and sell more lines.
GSL Price at posting:
$1.30 Sentiment: LT Buy Disclosure: Held
