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Actions to yield nearly $20 million in annualized savings, result in an approximate 40% reduction in the work force.
March 19, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Thin Film Electronics ASA (Thinfilm) announced a strategic update and corporate restructuring aligning the business with the current market adoption of NFC. The company plans to focus resources on developing and building market adoption of its brand protection and consumer engagement solutions. Thinfilm took the following steps toward this goal. The company has: Paused development of printed dopant polysilicon (PDPS) technology; Realigned its sales organization and its go-to-market st...
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