# Luminar partners with TPK for new high-volume factory in Asia

Luminar announced a partnership with TPK to build and operate an additional high-volume factory in Asia for LiDAR production, with TPK planning to invest in Luminar by purchasing LAZR stock.

- Type: Partnership
- Announced: 2023-04-17
- Where: Asia
- Status: announced
- Products: LiDAR sensors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Luminar Technologies](https://endata.com/companies/50878.md)
- [TPK Holding](https://endata.com/companies/69788.md) (partner)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20230417005805/en/Luminar-Expands-in-Asia-with-New-Factory-Standardized-on-New-Variant-of-the-Volvo-EX90), 2023-04-17: "Luminar is doubling down on Asia with our new TPK partnership for a new dedicated high volume factory in order to meet the exponentially growing demand for our products in the region."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.