Omron has plans to enter China's industrial equipment market

Omron signed an agreement with Hangzhou Tongling Automation Co., Ltd. to form a joint venture with Omron Sys- tem Automation Systems (Hangzhou) Co., Ltd., which will add a strong touch to Omron’s new business strategy of “super decade”. Chairman and General Manager of Omron (China) Co., Ltd. Goto Ryunosuke, General Manager of Omron Automation (China) Co., Ltd., Mr. Zhang Geshi, Chairman and General Manager of Hangzhou Tongling Automation Co., Ltd., Omron Automation System (Hangzhou) Co., Ltd. General Manager Fu Cheng attended the signing ceremony.

Omron psychic automation system (Hangzhou) Co., Ltd. has a total investment of 150 million yuan and a registered capital of 60 million yuan. The new company will be based on China's huge industrial equipment market, through the in-depth excavation of the textile machinery, printing, plastics machinery, packaging and other industries, and will focus on the development of system solutions, system integration, industry-specific software and hardware products. With an overwhelmingly competitive advantage in the industry, it continues to expand its market share in the industry. Omron and psychic joint ventures aim to jointly develop the industrial automation system integration business through complementary advantages.

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