Trio-Tech signs JV agreement for burn-in, systems level testing

• Trio-Tech International (TRT -4.6%) has signed a Joint Venture agreement with a Chinese company located in Suzhou, China; with expertise in System Level Testing.
• The new joint venture company will provide testing and burn-in services for a variety of semiconductor components with applications in computing and automotive electronics.
• Trio-Tech will hold a majority equity ownership position in the new joint venture company and said the joint venture company expects also to provide testing and equipment maintenance services for its customers.
• S.W. Yong, Trio-Tech's CEO, said “This new joint venture will operate a facility, only a few miles from our operations in Suzhou, China, with a team that has advanced expertise in burn-in testing and SLT for advanced semiconductor products and assemblies.