Ah, that makes more sense. At least they’re retraining the staff, but I have to wonder if they offered the factory as part of the sale to TCL (If they did, why did TCL decline? If not, why not, if they’re now needing to retrain and repurpose the plant?)
No, DADC is not a part of the home entertainment business. And TCL wouldn’t have a use for it anyway. It’s a precision optical engineering business, and micro lenses use a similar manufacturing process to optical discs so transition is fairly straightforward and has been underway for a few years already.
Ah, that makes more sense. At least they’re retraining the staff, but I have to wonder if they offered the factory as part of the sale to TCL (If they did, why did TCL decline? If not, why not, if they’re now needing to retrain and repurpose the plant?)
No, DADC is not a part of the home entertainment business. And TCL wouldn’t have a use for it anyway. It’s a precision optical engineering business, and micro lenses use a similar manufacturing process to optical discs so transition is fairly straightforward and has been underway for a few years already.
Thanks for the explanation, much appreciated.