Videocon signs MoU with BOE Technology Group

Videocon, one of the leading consumer electronic and home appliances companies, has signed a Memorandum of Understanding (MoU) with BOE Technology Group in order to enhance the panel quality.

The signing of MoU took place in the presence of Arvind Panagariya, Vice-chairman, NITI Aayog and Xu Shaoshi, Chairman, National Development and Reform Commission. This association that was announced during the Fourth India China Strategic Economic Dialogue, is aimed at positioning Videocon as a market leader offering world-class panels.

BOE Technology Group is a display solution that provides a digital and smart life by enabling internet of things technologies, products and services. It claims to be the pioneers in innovation and development of TFT-LCD technologies, it has dedicated itself to speeding up the progress of new display devices like flexible display, augmented reality, and virtual reality.

Abhijit Kotnis, Chief Manufacturing and Procurement Officer, Videocon said, “We are happy to partner with BOE to offer unparalleled products in the consumer electronics and home appliances category. With a prime focus to provide user-centered smart manufacturing system for display sets, and solutions of internet of things, BOE and Videocon will together work on improving the Panels in TV and mobile phone in order to enrich and redesign the visual experience of the customers.”

Videocon Group is a global business conglomerate, which manufactures products in Household Consumer Goods, Mobile Handsets, DTH, Retail, Oil & Gas, and the Power sector.