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Ynvisible Expands Market Reach in Asia through Strategic Distribution Agreement with Taiwan’s HST
July 30, 2024 | Ynvisible Interactive Inc.Estimated reading time: 1 minute
Ynvisible Interactive Inc., a leading provider of printed e-paper display products, is pleased to announce that it signed a new distribution agreement with Hardware & Software Technology Co., Ltd. (HST), a leading technology provider in the Greater China region. Through this partnership, Ynvisible expands its presence in China, Taiwan, Hong Kong and Macau, making its thin, low-power, cost-effective e-paper display products available to interested customers in the region. The non-exclusive distribution agreement with HST aims to expand Ynvisible’s international presence and connect with new customers interested in implementing or developing e-paper based solutions. HST’s in-depth market knowledge and established local network are expected to be valuable in achieving these objectives.
“I’m very excited to work together with Ynvisible to promote their e-paper displays on the Greater China market. We can see a considerable potential for Ynvisible’s displays and the interest among our customers and contacts for this new, low priced and energy efficient solution is fantastic.”- said Johnson Chen, General Manager of HST.
Established in 1993, HST is a leading provider of technologies for low-power wireless communication and biometric verification, and offers complete "Bluetooth Low Energy" & "Fingerprint Identification" design and solutions. The partnership between the two companies is expected to not only expand Ynvisible’s market presence in Asia, but also foster joint development initiatives to potentially integrate Ynvisible’s low-power e-paper displays with Bluetooth Low Energy technology.
“We are looking forward to working with HST, a partner that aligns with our vision on the role e-paper can play in the IoT domain. We believe HST has strong knowledge of the local market needs, understands the competitive benefits of our technology, and has strategic connections within the local ecosystems.“ - said Ramin Heydarpour, CEO of Ynvisible.
Ynvisible aims to become a trusted partner for Asian customers interested in adopting a sustainable, thin, flexible, low power and cost-effective approach to digital displays. The agreement with HST creates a second strategic distribution partnership for Ynvisible in the region. This new alliance complements Ynvisible’s existing partnership with Ynvitech, further enhancing the Company’s presence and distribution network in the area. Ynvisible is ready to supply, through HST and Ynvitech, customers in a wide range of industries, including retail, medical and pharma, supply chain and logistics, industrial, and more.
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