The products and solutions will be distributed across China, Singapore, Taiwan, Vietnam, Thailand, Malaysia and other key regions in Asia.
Both companies are targeting an increase of over 2 billion yen in sales by fiscal year 2030.
HDSI’s president and CEO Akira Maruyama says that this partnership is key for the company as they pursue their vision of becoming the “best provider” of total motion control solutions for the future. “This collaboration will serve as a vital foothold for our growth across Asia,
a region full of dynamic opportunities,” he says.
ISDN has 55 offices across key Asian markets, and its products serve industrial sectors including semiconductors, Industry 4.0 manufacturing, medical devices, aerospace and clean energy.
Shares in ISDN closed 1.5 cents higher or 4.762% up at 33 cents on July 18.