JPT is to Acquire 100% of Hylax

    Shenzhen JPT Opto-Electronics Co Ltd, more commonly known as “JPT,” consistently sees better forward-facing layout results. This is especially true regarding marketing and production and has been the company’s route since it was listed on the Shanghai Stock Exchange (SSE) Market. Improvements in precision testing and micro-machining have occurred, with JPT standing as one of the top high-tech companies in the world for years. The enterprise finalized the acquisition of Hylax in Singapore. When the acquisition was only declared, the application and development of micro-nano processors were brought into effect for products, such as semiconductors and those in the medical line.

    Acquisition Hylax in Singapore: Advanced overseas technology and technical laser applications

    Recently, based on its overseas expansion strategy and deepening its industrial layout, JPT has further expanded its overseas sales channels, increased its market development efforts, and increased its market share. With its wholly-owned overseas subsidiary JPT ELECTRONICS PTE., LTD., it has completed the acquisition of Hylax Technology Pte., Ltd., holding 100% of Hylax.

    Hylax supplies advanced semiconductor lasers. It has founded its top-of-the-range development center in Southeast Asia for manufacturing products and its cutting-edge micro-nano laser operations. Their main focus is on micromachining, covering the areas of medical production and semiconductor accuracy. The customer base of Hylax has spread throughout the whole world as time went by, offering a wide range of highly accurate, reasonably priced, top-standard lasers, making them one of the most competitive enterprises in the market. The Research and Development (R&D) and level of laser production are integral for laser accuracy to operate automated tools and the resources of international-based customers in the semiconductor market. At this time, Hewlett-Packard, 3M, Philips, Osram, General Electric, and Texas Electric are some of the main customers of Hylax, with its customer-base stretching worldwide. Working together, JPT can expect its R&D to be enhanced along with directing its application, closing market benefits, and combining market and technology promotions. Advantages then result from the two companies working together.

    High demand in laser application, market and technology make attempts to strengthen branding

    The broadening of industrial lasers and the introduction the policy “Made in China 2025” have allowed various inflection points, shifts in policy dividends, and the sale of industrial goods to become more evident. JTP might take steps to develop and progress the layout of laser applications. The enterprise has grown in its reach overseas in the past several years. This demonstrates its strong desire to make the overseas business a priority.

    When the acquisition is finished, JPT will continue to aim toward boosting its plans in its association with Hylax. The two companies will amalgamate to develop further the R&D of semiconductor lasers tools that improve accuracy and propel overseas prospects forward.

    JPT said that this acquisition is an essential measure for the company to seek development, establish further the strategic positioning and development direction of the intelligent manufacturing industry, and deploy the intelligent manufacturing industry. In the future, the company will integrate the resources of both parties to build a laser and intelligent equipment platform with independent research and development capabilities and industry-leading capabilities, which will effectively promote the company to become a global leader in the overall solution of intelligent equipment.


    RELATED ARTICLES

    Innovation

    Did Apple Face Silos that Hindered Innovation?

    As per the latest annual ranking of Boston Consulting Group, Apple has retained the title...
    Construction Practices

    The Impact of Electric and Hybrid Machinery on Sustainable Construction Practices

    The construction industry is undergoing a transformative shift with the introduction of electric and hybrid...
    Working Women's

    Retirement Planning or Working Women

    Retirement planning is critical in today's changing financial world, especially for working women. While the...
    Business Growth

    How the Ray-Ban Meta Smart Glasses Can Be Used for Business Growth and Success?

    As technology takes over societies and industries, digital transformation is no longer an option but...
    Delivery Service

    Which Countries are Covered by Polonez America’s Delivery Service?

    Polonez America covers many countries and ensures that parcels reach their destinations on time and...
    HP Chromebook

    4 Best HP Chromebooks: Seamlessly Connecting Work and Play

    A dependable laptop is essential for academic achievement in today's fast-paced, technologically-driven educational environment. Students...
    Financial Success

    10 Money Rules for Financial Success

    A vital life skill that affects all facets of our existence is managing money. It's...
    Innovation

    Did Apple Face Silos that Hindered Innovation?

    As per the latest annual ranking of Boston Consulting Group, Apple has retained the title...
    lentil pasta

    Lentil Pasta: Bridging the Gap between Health and Taste

    Lentil pasta is a healthy, tasty, and wholesome Italian dish made with pasta and lentils...
    1031 exchange

    What is a 1031 Exchange, and How Does It Work?

     A 1031 exchangeis named after Section 1031 of the United States Internal Revenue Code. It...
    Construction Practices

    The Impact of Electric and Hybrid Machinery on Sustainable Construction Practices

    The construction industry is undergoing a transformative shift with the introduction of electric and hybrid...