CHENGDU, CN / ACCESS Newswire / April 21, 2025 / WeTouch Technology Inc. (NASDAQ:WETH), a global leader in high-quality touch display solutions, today announced a landmark supply agreement with a leading multinational electronics company. The agreement is expected to generate approximately $100 million in revenue over the next three years, marking a transformative milestone for WeTouch as it continues to expand its global footprint and strengthen its position in the touch display market.
"This agreement is a testament to the dedication and hard work of our sales and technical teams," said Mr. Zongyi Lien, CEO of WeTouch Technologies Inc. "Securing this deal required relentless effort and innovation, and I couldn't be prouder of what our team has achieved. This partnership not only validates our technology but also sets the stage for future growth and success."
As part of the agreement, WeTouch will supply three distinct product models to meet varying customer needs: 3.7-inch, 7-inch, and 10-inch touchscreen displays. These sizes are designed to support a range of applications across industrial, commercial, and consumer electronics sectors.
WeTouch Technologies Inc. has been at the forefront of touch display innovation, serving a diverse range of industries with its advanced touchscreen solutions. With a strong focus on quality and customer satisfaction, the company has consistently delivered profitable results, supported by a robust cash reserve and strategic investments in research and development. The recent expansion into international markets, including a new manufacturing facility in Vietnam, positions WeTouch to meet growing global demand and capitalize on emerging opportunities.
About WeTouch Technology Inc.
WeTouch Technology Inc. is a leading provider of high-quality touch display solutions, committed to revolutionizing human-machine interaction across various industries. With a focus on innovation and customer satisfaction, WeTouch delivers cutting-edge technology and unmatched performance in touch display solutions worldwide.
Visit us at www.wetouchtech.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook," "objective" and similar expressions. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including those discussed in the company's filings with the U.S. Securities and Exchange Commission at www.sec.gov. WeTouch undertakes no obligation to update forward-looking statements except as required by law.
Contact
For more information, contact:
Michael Wei
Horizon IR
hwey@horizonconsultancy.co
SOURCE: Wetouch Technology Inc.
