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Quanergy team up with Fabrinet to expand global manufacturing of LiDAR sensors

Sep. 14, 2022 3:40 AM ETQuanergy Systems, Inc. (QNGYQ) Stock, QNGWQ StockBy: Meghavi Singh, SA News Editor
  • Quanergy Systems (NYSE:QNGY) partners with Fabrinet, a leading provider of advanced precision optical and electronic manufacturing services, for the production of Quanergy’s LiDAR sensors.
  • The move aligns with Quanergy’s commitment to maintaining high quality and industry standards in manufacturing.
  • With Fabrinet, Quanergy will be able to expand its global manufacturing and scale as demand increases, to deliver greater efficiency for customers.
  • Shares are up 1.59% after-hours.

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