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The Tipping Point of Opportunities

31/3/2020

 
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The bigger the challenge, the bigger the opportunity. And the opportunities for Luxbright being created by the world’s “new normal” are more than ever before. We worked in our facility in China in January and were some of the last people to leave the country before the quarantines. Production started again in early March and we were some of the first ones to return to China. Now the country is preventing foreigners from entering. These are challenging times for us all, and yet in these challenges comes many opportunities. 
Look at the world around you. It may seem like an immovable, implacable place. It is not. With the slightest push—in just the right place—it can be tipped.”
― Malcolm Gladwell
Last out of China
Luxbright’s team was in China in both December and January to complete some critical work for ongoing improvements. Our last day of work and departure from China was 23 Jan, the same day that the Wuhan and other cities in the Hubei province were put on lock-down to contain the outbreak of COVID-19. 

We had the normal shutdown of production due to Chinese New Year that would last until mid-February. The virus caused a minor delay in restarting production by another 2-3 weeks. We took this time as an opportunity to work on production preparation, review component production, and see how to move some IP-sensitive production to Sweden. It was time well spent, and we are now back in action.
First into China
Our team was back in China for the start of production in early March. We were very fortunate to get back when we did because now the central government of China has stopped incoming travel from foreigners. Life in China, nor anywhere else in the world, is not the same as before COVID-19. But our people are healthy, safe, and able to work hard towards meeting our goals.

Production is back to running as usual. Because of the work we completed in December and January, a few key improvements are now live. These improvements will help ensure more precise control of the production parameters of each tube.
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About Luxbright

​Luxbright is a technology company focusing on developing and commercializing a new generation of X-ray tubes. Through patented technology, the Company offers innovative X-ray tubes, generators, and future X-ray systems to international system suppliers in order to improve and protect lives by enabling higher resolution X-ray images. The Company's X-ray tubes are a powerful, stable, and cost-effective alternative to conventional X-ray tubes.

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Luxbright AB
Arvid Wallgrens backe 20
41346 Gothenburg
​Sweden
Tel: +46 31 796 06 97
Email: [email protected]

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  • Products
  • About
  • News
  • Contact
  • Investor Relations
    • Varför investera i Luxbright?
    • IPO 2020
    • Pressmeddelanden
    • Finansiella Rapporter
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    • Certified Advisor