Press release

Mitsubishi Electric Invests in Akribis Systems Pte Ltd

Sponsored by Businesswire

Electric Corporation
(TOKYO: 6503) announced today that it has taken
an equity stake in Akribis Systems Pte Ltd (Akribis), a Singapore based
manufacturer of linear servo motors1 and linear stages, 2
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 of products utilizing critical new technologies such as 5G
to meet the demand generated by IoT related business.

1 A direct drive motor that is incorporated into production
equipment to realize high speed and precise motion control
2 A
product that combines linear guides and mounting stages

About Akribis Systems Pte Ltd

Company Name   Akribis Systems Pte Ltd
CEO Leow Yong Peng
Location 5012 Techplace II Ang Mo Kio Ave 5 #01-05, Singapore 569876
Establishment August 2004
Capital 0.5 Million SGD
Employees 704 (as of May 2019)
Business Design, manufacture and sales of linear stages and related components


Due to the miniaturization and high functionality of smartphones and
accelerated adoption of electric vehicles, linear servo motors and
linear stages are increasingly in demand for use in equipment for
manufacturing semiconductors, flat-panel displays, lithium-ion
batteries, etc. to achieve increased productivity and precision.

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