TOP 5 ELECTRONICS FDI NEWS OF MAY 2020

Posted On : Jun 06, 2020/Electronics

Top five foreign investment news of May 2020: The world’s leading electronic technology firm Samsung Electronics, plans to expand its NAND flash production capacity in Pyeongtaek, Korea, reinforcing the company’s ability to meet demands from emerging technologies. The leading electronic company Mitsubishi Electric Corporation has acquired stake in Finland based EKE-Electronics Ltd., a manufacturer of train information systems. The global mobile entertainment leader OnMobile Global Limited announced that OnMobile has acquired a minority stake in Technologies rob0 Inc. Onmobile acquired stake through its subsidiary Onmobile Global Solutions Canada Ltd. to become a global leader in the mobile gaming market The deal with rob0 helps Onmobile to to accelerate its growth as the most innovative AI-powered visual retention analytics solution for video game developers. Sony Corporation company Sony Semiconductor Solutions announced its partnership with Microsoft Corp to create solutions that make AI-powered smart cameras and video analytics easier to access and deploy for their mutual customers. The global smart technology firm GE has signed a definitive agreement to sell its Lighting business to Massachusetts-based Savant Systems, Inc., an industry leader in the professional smart home space.

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