Israel-based Powermat Technologies, a provider of wireless charging platforms for the internet of things (IoT), 5G, automotive, robotics, consumer electronics, medical devices and industrial applications, has opened a new strategic office in Shenzhen, China. The new branch will promote innovation, business, collaboration and investment between the company and original equipment manufacturers (OEMs) across Asia.
Located in the heart of the city’s business district, the office will focus on providing next-generation wireless power technology to new and emerging China-based companies in the fields of IoT, robotics, drones, medical devices, kitchen appliances, telecommunications, AI, automotive technology, transportation and more.
In a press release, executive general manager Jackson Lam said: “China is aiming to accelerate OEM-driven innovation in the fields of mobility, robotics, drones, IoT and medical devices, and Powermat is looking forward to contributing to this acceleration by providing accurate wireless charging technology solutions. We are very excited to announce Powermat’s new strategic office in China and are looking forward to widening our reach and strengthening our relationship with leading global technology firms from the local Chinese innovation ecosystem.”
Naomi Davies is an FDI consultant at Investment Monitor, with expertise in location benchmarking and cross-border investment.