Customer News: Wistron expands "IoT to diversify business operation"
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digitimes.com
Wistron steps into EV, medical care, IoT to diversify business operation, says chairman DIGITIMES Friday 15 June 2018
Wistron has been actively diversifying business operation through stepping into electric vehicles (EV), medical care and Internet of Things (IoT), according to company chairman Simon Lin at the company's 2018 shareholder meeting.
Wistron has stepped into the development of EV components for years and has supplied electronic control components for China-based EV start-up business NexEV (NIO), Lin said. The cooperation with China-based EV vendors is motivated by large growth potential in the China EV market and the China government's promoting new-energy-powered cars, Lin noted.
China produces about 700,000 EVs a year currently, taking up only a small portion of the country's overall automobile output, but the percentage may rise to 20% over the next 5-7 years, Lin indicated. In addition, specifications of EV components in China are increasingly standardized and this affords large business opportunities for Wistron, Lin said.
For medical care, Wistron and Canada-based biorobotic technology developer B-Temia will set up a joint venture, B-Temia Asia, in Singapore for cooperation to market Keeogo, a smart motorized exoskeletal rehabilitation robot developed by B-Temia, in several Asian countries including China, Japan and Hong Kong, Wistron CEO Robert Huang said. In addition, Wistron has provided big data analysis services for several hospitals in Taiwan and plans to develop medical devices, Huang noted.
For IoT, Wistron has provided home- and business-use IoT services, Huang said. In order to support business operation in medical care and IoT, Wistron set up a software R&D unit in Kaohsiung, southern Taiwan, three years ago, with the staff expanding to over 100 members at present.
Wistron has set up a factory in Bangalore, western India, to assemble iPhone SE and a second one in Noida, northern India, via joint ventrue with local channel distributor Optiemus Infracom for production of smartphones, Huang said. In addition, Wistron will set up a third factory in Bangalore.
Wistron's shareholders on June 14 passed the planned distribution of a dividend per share of NT$1.50 (US$0.050), NT$1.20 in cash and NT$0.30 in stock, for 2017 and issuance of up to 260 million new shares for floating global depository receipt (GDR).
OLDER BACKGROUND
globenewswire.com
-Temia and Wistron Join Forces to Launch Keeogo™ in Asia
B-Temia and Wistron form B-Temia Asia to bring Keeogo™ to the Asian Market
QUEBEC CITY, June 07, 2018 (GLOBE NEWSWIRE) -- B-Temia Inc., a Canadian biorobotics technology company and market leader in human mobility, entered into a joint venture agreement with Wistron Corporation to launch its Keeogo™ Dermoskeleton™ technology in Asia. Wistron is one of the world's largest Original Design Manufacturer (ODM), with more than $34 billion CAD sales, and now a major shareholder of B-Temia since June 2017. Wistron and B-Temia form B-Temia Asia for the marketing of Keeogo™ in several Asian countries such as China, Japan and Hong Kong. Headquartered in Singapore, B-Temia Asia will benefit from a significant investment from Wistron in exchange for marketing rights for Keeogo™ products in Asia...
firstpost.com
Apple commences trial run for iPhone 6s Plus manufacturing in India at Wistron's Bengaluru plant: Report
Apr 13, 2018 After contact manufacturer Wistron had begun assembly of iPhone SE models at its Bengaluru assembly plant last year, it’s now the turn of the more high-end iPhone 6s Plus model to take its place.
A report by the Economic Times, which cites two senior industry executives, claims that Taiwanese contract manufacturer Wistron has begun a trial production run of the iPhone 6s Plus model at its Bengaluru facility in India. With the smartphone being locally assembled, the report claims that buyers can expect the prices to drop by about 5-7 percent, but that will only come in effect once the plant increases its production capacity.
reuters.com
MARCH 13, 2018 Apple supplier Wistron secures land to build new site in southern India MUMBAI (Reuters) - A unit of Apple Inc’s (AAPL.O) Taiwanese contract manufacturer Wistron Corp (3231.TW) has won approval from Karnataka to build a new assembly facility in the south Indian state, signaling a potential expansion of iPhone assembly work in India....
economictimes.indiatimes.com
Apple supplier Wistron to invest Rs 682 crore to set up new manufacturing facility
By Gulveen Aulakh, K R Balasubramanyam, ET Bureau|Updated: Mar 14, 2018,
The expansion of manufacturing facility could mean a widening of Apple's iPhone assembly in India as the U.S. tech giant has to pay steep duties on devices imported into the country.
Wistron, the Taiwanese contract manufacturer that makes iPhones for Apple in India, is set to invest Rs 682 crore on expanding operations, having got approval to acquire additional land near Bengaluru, a senior Karnataka minister said.
“The industries department had cleared Wistron’s proposal for about 43 acres in the state… they will invest about $100 million,” RV Deshpande, Karnataka’s minister of large, medium industries and infrastructure, told ET. The minister said earlier the company plans to make Apple smartphones in the new facility.... |
