Bangkok, Thailand – SynMatrix Consulting, Inc., a prominent advisory firm specializing in high-tech partnerships, has announced the signing of a Letter of Intent (LOI) between NTP Semiconductors and Nanobit Tech Co., Ltd., a Taiwanese leader in Perovskite Solar Cell (PSC) and Organic Photovoltaic (OPV) technologies. The agreement, signed on October 20, 2024, will establish a joint venture within Thailand’s ELEMENT industrial zone, a hub for cutting-edge electronics and high-tech development in the Eastern Economic Corridor.

NTP Semiconductors and Nanobit Tech envision this collaboration as a transformative step toward integrating advanced, sustainable energy solutions within Southeast Asia’s electronics manufacturing sector. The ELEMENT zone, featuring world-class infrastructure, robust government support, and strategic geographic advantages, is an ideal environment for Nanobit’s PSC and OPV innovations to thrive.

"We are excited about the potential of Nanobit’s innovative PSC and OPV technology to align with our strategic goals in the ELEMENT zone," said Dr. Parkpoom Srithimakul, Chairman of NTP Semiconductors. "This partnership exemplifies our commitment to sustainable high-tech development."

The joint venture, facilitated by SynMatrix, will focus on setting up a comprehensive production framework that leverages Nanobit’s expertise in solar technology. The collaboration underscores both companies’ dedication to advancing sustainable technology and contributing to the growth of intelligent electronics in Southeast Asia’s booming market.

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