MVTec opens its first subsidiary in Taiwan
Enormous potential in the semiconductor industry
MVTec Software (www.mvtec.com), software manufacturer for machine vision, is strengthening its activities in Taiwan and establishing its own subsidiary in Hsinchu, southwest of Taipei. The new subsidiary was opened on April 1, 2024, and is intended to further intensify the exchange with customers from Taiwan. MVTec has already had a sales office in Taiwan since 2020. This will now be relocated from its previous location in Taichung to Hsinchu and upscaled into a subsidiary. Jash Chu and Edward Tsai, who were already working in the sales office in Taichung, are the first two employees of the new subsidiary MVTec Taiwan Co. The expertise of the sales office employees will help MVTec to further expand its presence on the Taiwanese market and intensify its proximity to local customers. The number of employees in the new subsidiary will be increased further over the next few years.
"Our focus sector in Taiwan clearly is the semiconductor industry. Automation and the corresponding use of machine vision, including our software, are already very advanced here. Nevertheless, the market is growing very dynamically. We decided to open the subsidiary to meet the increasing technical challenges in particular," says Martin Krumey, Vice President Sales at MVTec.
