Nuovo Film Plans to Increase its Production Capacity; Grabs Financing from Intel Capital

Bengaluru: Nuovo Film Inc., a Chinese touch screen technology firm announces that it has successfully completed its first fundraising from Intel’s investment and M&A arm – Intel Capital along with Northern Light Venture Capital, a Chinese technology fund. The company plans to increase the production of its flagship silver nanowire conductive film – Crystode® and other touch sensor products.

“Finger Touch is one of human’s most fundamental senses and Touch technology is becoming ubiquitous in our lives; going larger-format in screen sizes, foldable, thinner, more durable and drastically lower cost,” says Kai Jiang, Nuovo Film’s CEO, “Nuovo Film’s proprietary silver nano-wire technology and product best serve the industry’s needs going forward. Intel’s leadership in the global electronics ecosystem and its expertise in system-level integration greatly complements Nuovo Film’s dedicated focus on nano-material and touch sensor fabrication process. This is a win-win combination that will benefit both end users and OEM customers”.

The company’s products are designed to support smart phones, tablets, PCs, wearable devices, and further penetrating into smart home, smart office, and smart classroom devices such as coffee tables, white boards, and display walls. Post this deal, Nuovo Film will combine its Crystode® film product with Intels’s architecture mobile and computing devices to bring great value to both end users and OEM customers.

Headquartered in Suzhou SIP, China, Nuovo Film Inc. develops next-gen core materials for the renewable energy and display industries. Using cutting-edge technology, the company proffers high performance products to businesses worldwide and assists them in improving their value chain. Nuovo’s products, which use proprietary technologies, are also very cost effective compare to products made using traditional industrial processes. Its key markets include transparent conducting electrode materials for touch screens, LED lighting, flexible display and LCD displays.

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