Union Optical Technology announced its plan to use no more than US$150 million of its own funds to increase capital in its wholly-owned subsidiary, Union Optical Singapore. Subsequently, Union Optical Singapore will increase capital in Union Optical Malaysia to support the construction of a high-speed optical module smart manufacturing base in Malaysia. The project includes leasing a standard factory building to establish an 800G/1.6T high-speed optical module production line, as well as purchasing land to build a comprehensive industrial park.
