Longli Technology terminates its cooperation with German Bosch BMW project

Longli Technology announced on December 20 that it has decided to terminate its cooperation with Bosch on the BMW automotive project. The cooperation was originally signed on October 17, 2022, and Longli Technology agreed to supply Bosch with Mini-LED backlight display modules required from 2025 to 2033, with a total amount of US$421 million. However, due to disagreements during the product development process, the contract may not be executed as originally planned.