Alliance targets social system businesses
An
Omron Corp product story
Edited by the Electronicstalk editorial team
Sep 20, 2004
Omron has signed a strategic alliance with the Peking University Founder Group covering five so-called social system businesses (SSBs).
Omron has signed a strategic alliance with the Peking University Founder Group covering five so-called social system businesses (SSBs).
Automatic fare collection systems form the core business, with the other four comprising security related business, traffic system business, electric payment business and software business.
Omron and Founder expect a full-scale business deployment and volume of Y10 billion within three years.
The alliance also calls for the creation of the Omron-Founder SSB R and D Centre, to be established within Founder facilities later this year.
The new R and D centre will pursue multidisciplinary research for the Chinese market, and sales and solutions support including product demo and software development for both the Chinese and Japanese markets.
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