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VIA optronics AG is a leading provider of first-class display integration solutions, optical bonding services, and technology licensing packages. The company specializes in creating exceptional sunlight-readable displays, catering to high-demand applications across various market segments including consumer electronics, automotive, and industrial sectors. VIA optronics is renowned for its pioneering role in optical bonding solutions, holding a leading market position thanks to its patented Max VUTM process and proprietary VIA Bond optical bonding material.
With a strong commitment to exceeding quality and reliability standards, VIA optronics ensures that all its products meet the rigorous demands of its diverse clientele. The company offers a range of services from full system integration to standalone displays, enabling seamless implementation in complex environments. Their technological advancements and innovative solutions have cemented their reputation as industry frontrunners.
Despite recent concerns about governance and leadership, particularly surrounding the temporary suspension and subsequent reinstatement of founder Jürgen Eichner due to alleged accounting irregularities, VIA optronics continues to focus on delivering high-quality products and services. The company has faced scrutiny from Cannell Capital LLC, which owns 9.8% of VIAO's American Depositary Receipts, and is advocating for more transparent and ethical management practices.
As VIA optronics navigates these challenges, their core business operations remain robust, supported by a dedicated team of professionals and cutting-edge technology. For more information about VIA optronics AG, visit their website at www.via-optronics.com, or refer to their imprint.
VIA optronics AG has announced plans to establish a new, cost-effective production facility in the Philippines, aimed at enhancing its growth strategy. This move comes in response to supply chain challenges from China's geopolitical pressures. The new facility, expected to be operational by late 2022, will focus on international markets while the existing site in Suzhou will cater to local demand. CEO Jürgen Eichner emphasized that this expansion will improve operational efficiencies and margins for VIA's interactive display solutions.
VIA optronics AG (NYSE: VIAO) announced its participation in the 19th Annual Craig-Hallum Institutional Investor Conference on June 1, 2022. Senior executives, including CEO Jürgen Eicher and CFO Markus Peters, will hold virtual meetings with institutional investors. The investor presentation will be accessible on the company’s website. VIA specializes in interactive display systems, offering solutions for demanding environments and high-end markets. Investors can find further details in the Annual Report filed with the U.S. Securities and Exchange Commission.
VIA optronics AG (NYSE: VIAO) has surpassed 200 employees at its Nuremberg headquarters amid ongoing production ramp-up. The company anticipates reaching full capacity of 60,000 display units per month by the second quarter. Currently, it produces 10,000 display units monthly for a leading U.S. luxury EV manufacturer. CEO Jürgen Eichner highlighted the company's resilience despite semiconductor shortages and supply chain challenges, emphasizing its commitment to growth and innovation in high-tech display solutions.
VIA optronics AG (NYSE: VIAO) announced participation in the annual German Spring Conference on May 24, 2022, in Frankfurt, Germany. CEO Jürgen Eicher and CFO Dr. Markus Peters will conduct one-on-one meetings and present an overview of the company to investors and analysts. The presentation deck will be available on their website. VIA specializes in interactive display systems, catering to high-end markets with advanced technology for challenging environments.
VIA optronics AG (NYSE: VIAO) has filed its Annual Report on Form 20-F for the year ended December 31, 2021, with the U.S. Securities and Exchange Commission (SEC). A PDF version of the report is available on VIA’s Investor Relations website. The company is recognized for its interactive display solutions, catering to high-end markets that require robust functionality and durability. VIA's technology addresses challenges like bright ambient light and extreme temperatures, ensuring tailored solutions for its customers.
VIA optronics AG (NYSE: VIAO) announced it will delay filing its 2021 Form 20-F due to the need to restate previous financial statements from 2019 and 2020, primarily related to IPO costs. The restatement will adjust approximately €4.0 million to €5.0 million from 2019 and €0.5 million to €1.0 million from 2020 to general administrative expenses. For 2021, VIA expects total revenues of €180 million (up 18%) but anticipates a net loss of €11.5 million. Ongoing supply chain issues and increased costs continue to impact profitability.
VIA optronics AG (NYSE: VIAO) has been awarded the 2021 Best Technology Innovation Value Strategy by CFI.co in Germany. This recognition highlights VIA's commitment to developing advanced technology solutions for interactive displays, touch screens, and cameras across various markets including automotive and consumer electronics. The company is praised for its patented optical bonding process and tailored solutions. VIA continues to invest in research and development to enhance its offerings, positioning itself as a leader in the industry.
VIA optronics AG (NYSE: VIAO) has announced committee changes within its Supervisory Board, effective after the 2021 Annual General Meeting on December 29, 2021. Anil Doradla will chair the Audit Committee, which includes Anthony John Best and new member Shuji Aruga. Arthur Tan will chair the Nomination and Compensation Committee with Best and Doradla, while Dr. Heiko Frank continues as Chairperson of the Supervisory Board with Tan as deputy. VIA is known for its interactive display solutions, which cater to demanding environments requiring specialized technology.
VIA optronics AG (NYSE: VIAO) held its annual general meeting on December 29, 2021, where shareholders approved the financial statements for 2020, confirming profitability for subsidiaries in China, Japan, and Taiwan. Key decisions included granting discharge to the management board, appointing PricewaterhouseCoopers as auditor for 2021, and electing two new supervisory board members. The company continues to leverage its expertise in interactive display systems for various markets.
VIA optronics AG (NYSE: VIAO) will present at the 24th Annual Needham Growth Conference on January 10, 2022, with CEO Jürgen Eichner and CFO Dr. Markus Peters. The presentation is scheduled for 3:15 p.m. CET / 9:15 a.m. EST. A live webcast and replay will be available on the company's investor relations website. VIA specializes in customizable interactive display solutions tailored for demanding environments requiring high functionality and durability, incorporating advanced technologies such as optical bonding and metal mesh touch sensors.
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