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Foxlink May to Acquire Japanese Automation Technology Provider in 2015

By Korbin Lan
Published: Feb 24,2015

TAIPEI, Taiwan - According to Taiwan media reported, Guo Tai-Qiang, chairman of Foxlink, a Taiwanese connector firm, said that Foxlink might to pursuit the acquisition of Japanese automation companies this year, to improve its ability of automation and precision mold for the robotics market.

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There are two two big growth momentum of Foxlink this year, are wearable devices and USB 3.1 TYPE C.

Guo Tai-Qiang emphasized that there are many opportunities in the IoT era, including automotive, safety equipmen, and sensors, etc., Foxlink is now thinking about how to enter these markets, particularly paid attention to technical cooperation with Japanese industry.

Guo pointed out that many small and medium size Japanese enterprise have excellence technique, and now is a good opportunity to work with these companies. Currently Foxlink has several targets, maybe commence merger this year.

Foxlink said that the anticipated acquisition targets should to enhance its automation, precision mold and optical technology capabilities.

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