Meyer Burger Technology Ltd has entered into a partnership agreement with Spanish equipment manufacturer Mondragon Assembly Group. According to the companies, Mondragon will start production of Smart Wire Connection Technology (SWCT) equipment for Meyer Burger at the latest by end of the fourth quarter 2018. At that time, Meyer Burger will cease its own manufacturing of SWCT equipment at its production site in Thun, but will continue to drive R&D as well as marketing and sales of the SWCT technology going forward. Patents, marketing and all sales activities regarding SWCT will continue to be managed by Meyer Burger.
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