ENVX - Enovix expands footprint in Asia with new partners in Japan and South Korea
2023-06-06 08:35:07 ET
- Enovix ( NASDAQ: ENVX ) gets into agreement with Japanese distribution and manufacturing services company, Elematec and South Korean power management and IoT-focused distributor, Semicomtech, t o support pan-Asian shipping, distribution and market expansion .
- Enovix has been building its presence in Asia through direct hires and distributor agreements.
- “These strategic distributor agreements enable us to expand quickly and leverage their experience and customer relationships in key markets,” said Ralph Schmitt, chief commercial officer at Enovix. “Elematec and Semicomtech will act as an extension of our team, so we can sell more of our next-generation batteries across Asia.”
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Enovix expands footprint in Asia with new partners in Japan and South Korea