In early 2010, Agfa Graphics and Shenzhen Brothers announced the creation of a Joint Venture which will effectively merge the operations of both companies in Mainland China, Hong Kong, Taiwan, Singapore and Malaysia. The joint venture will operate under the name “Agfa Graphics Asia” and will be incorporated in Hong Kong. The operational HQ of the joint venture, however, will be in Shenzhen (China). Through the Joint Venture both companies aim to accelerate the execution of their strategic objectives to be the number one prepress solution and UV industrial inkjet provider in Mainland China, Hong Kong, Taiwan and all countries belonging to the ASEAN association (Indonesia, Singapore, Malaysia, Thailand, Vietnam, …). Agfa Graphics Asia will be able to fully draw on the infrastructure, technology, and manufacturing and distribution strength of its founding companies. It will also continue to have full access to the Agfa Graphics world class technology. Agfa’ state-of-the-art production plant in Wuxi will also be part of the operations of Agfa Graphics Asia.