Notice

SBB Tech, signed an MOU for business cooperation with Hangcheon Science and Engineering Intelligent Equipment Co., Ltd., a subsidiary of the super-large Chinese state-owned defense CASIC

  • Date : 2019.06.13 13:42
  • Hit : 28,729
SBB Tech (CEO Jae-wan Ryu), a precision control reducer and bearing specialist, acquired by fasteners and automotive parts specialist KPF (CEO: Jae-wan Ryu) is a Hang-Tian Science and Technology Intelligent Equipment Co., Ltd. (CASIC ), a robot-related subsidiary) and business cooperation (MOU) were signed on the 3rd.
 
For this MOU, the two companies ▲ jointly pioneered the Chinese market through strategic partners ▲ provided a site for the Yancheng City Industrial Complex in China ▲ had a close conversation about investments from Korea-China investment associations, and through this business agreement, we tested and technically support precision reducer products in the future. , It laid a bridgehead to advance into China through future business cooperation methods.
 
 SBB Tech CEO Jae-wan Ryu said, “In recognition of SBB Tech's technological prowess, we have secured the opportunity to enter the Chinese precision reducer market, which is expected to account for more than 40% of the global reducer market in the future.”
 
Yang-gyu Min, head of the planning and management department of KFA, said, "CASIC, a leading state-owned company in China, has high value as a strategic partner, and SBB Tech's advanced precision speed reducer technology is expected to be an opportunity to be recognized overseas as well as in Korea. 4 "We will continue to make various efforts to strengthen global competitiveness and expand overseas expansion of SBB Tech, which has the core technology of precision speed reducer, which is the core technology of the automotive industrial revolution."


Link : http://ghottimenews.com/news/article.html?no=3986
        http://robotzine.co.kr/entry/244973