Data I/O Expands Presence in Asia-Pacific Region Through Distribution Partnership with First Technology China
REDMOND, Wash. – May 26, 2016 – Data I/O Corporation (NASDAQ: DAIO), the leading provider of manual and automated device programming solutions, today announced it has expanded its presence in the Asia-Pacific region by entering into a distribution agreement with First Technology China (FTCL). FTCL is one of the leading integrated service and technology solution providers in the high-end electronic assembly and Semiconductor industry in China with a broad customer base including global 500 electronic customers and leading local electronics manufacturers in China.
Following the first quarter of 2016 in which Data I/O had its best performance in China in nearly 10 years, FTCL is well positioned to further expand Data I/O’s customer base in that country’s growing electronics manufacturing market as well as in other regional territories. Over the past few years, DATA I/O has significantly strengthened its brand in the Asia-Pacific region, supported by local operations in China and regional partnerships in support of its sales and marketing initiatives. The Company’s PSV7000 Automated Programming System, which has been in demand by automotive electronics OEMs, was honored with the EM Asia Innovation Award. The PSV3000 Automated Programming System, developed specifically for the local Asian automation market, was introduced in July 2014 and won the Global Technology Award for Device Programming at SMTA International, the EM Asia Innovation Award and the SMT China Vision Award. In February 2016, the Company doubled its office space to accommodate continued growth and moved to new regional principal facilities with sales, service, operations, engineering, and production and testing in Shanghai, China.
“Data I/O is excited to increase its presence in the region by working with First Technology China,” stated Mr. Nick Deppen, Director Asia Sales, Data I/O Corporation. “FTCL is well respected by its customers and has demonstrated its ability to grow markets for electronics manufacturing equipment.”
“Data I/O is the market leader for programming solutions. Data I/O will further enhance First Technology China’s product line to be more competitive in our total offering to the industry,” stated Mr. Roger Lee, CEO, First Technology China. “We believe our customers will benefit by our partnership with Data I/O by providing innovative process and programming solutions to fulfill the need of continuous improvement and cost efficiency for electronic assembly in China.”
About First Technology China (FTCL)
First Technology China Limited (FTCL) is one of the leading integrated service and technology solution providers in the high end electronic assembly and Semiconductor industry in China with a broad customer base including global 500 electronic customers and famous China local customers.
Additional company information is available at http://www.1techchina.com
About Data I/O
Since 1972 Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, industrial controls/Internet-of-Things (IoT) application, wireless, consumer electronics, and industrial controls markets. Today, our customers manufacture tens of millions of products each year using Data I/O programming solutions to reliably, securely, and cost-effectively deliver their Intellectual Property into programmable devices. Data I/O provides programming solutions for devices in any package, whether programmed in a socket or on a circuit board. Our expertise in programmable integrated circuits, global supply chain processes, and IP management and protection helps bring innovative new products to life. These solutions are backed by a global network of Data I/O support and service providers, assuring success for our customers.
Data I/O Corporation
First Technology China
Director, New Business Development