Mitsubishi Electric Invests in Akribis Sytems in Singapore
The investment will strengthen Mitsubishi Electricâ€™s total industrial automation solutions offering by combining its own servo systems and other industrial automation products with Akribisâ€™ wide product line-up.
Mitsubishi Electric Corporation has taken an equity stake in Akribis Systems Pte Ltd (Akribis), a Singapore-based manufacturer of linear servo motors and linear stages, to strengthen its industrial automation solutions for the global market. Mitsubishi Electric, by integrating its servo systems and other industrial automation products with Akribis' product lineup, aims to meet increasing needs for high specification, high precision manufacturing
Due to the miniaturization and high functionality of smartphones and the accelerated adoption of electric vehicles, linear servo motors and linear stages are increasingly in demand. Used in equipment for manufacturing semiconductors, flat-panel displays, lithium-ion batteries, etc. they achieve increased productivity and precision. This aligns with Mitsubishi Electric's servo systems which have been widely adopted in various production facilities around the world due to the company's conclusive industrial automation product lineup.
Mitsubishi Electric, through its investment in Akribis, which has a high share of the global market for linear servo motors and linear stages, aims to accelerate its advancement of e-F@ctory and strengthen its total industrial automation solutions by combining its own servo systems and other industrial automation products with Akribis' wide product lineup and flexible customization abilities.