SATORI ELECTRIC Builds up Business in India

Japanese semiconductor and electronics components distributor SATORI ELECTRIC Co., Ltd. is reinforcing its business activities in the Indian market. Specifically, the company is expanding its interests in SM Electronic Technologies Pvt. Ltd., an electronic parts wholesaler whose customers include local motorcycle manufacturers and Japanese electronics companies.

Earlier this year, SATORI ELECTRIC announced its intention to acquire additional shares of SM Electronic to make it a consolidated subsidiary. After the transaction, the company will have an ownership of 50.1% of SM Electronic.

Building of SM Electronic Technologies in Bangalore

SATORI ELECTRIC has bases in Taiwan, Hong Kong, South Korea, Thailand, Singapore, Germany, and the United States, among others. To further increase its corporate value, it now focuses on India and its high growth potential.

As a trading company, SM Electronic has a huge base throughout India. Specifically, it specializes in electronic devices from more than 65 world-class suppliers. More than 98% of its business comes from demand-creation activities, mainly from Indian companies. Despite being a trading company, it also employs many software and hardware engineers who provide development support. The company’s strength lies in providing technical support, such as design and adjustment of peripheral parts.

By making the company into a subsidiary and through partnership, the company aims to penetrate the country’s mobility market; specifically, by offering semiconductor products for electric vehicles to local companies.

SM Electronic develops new business opportunities for the Indian manufacturing industry.  In particular, it is expanding sales in the local market, which is in line with the promotion of the Indian government’s “Make in India” policy.

SATORI ELECTRIC has a serious intention to enter the Indian market. Meanwhile, SM Electronics aims to move up to the next stage of growth and further expand its business. Both companies’ missions are in line with each other, thus deepening their business alliance.