Omron to invest more in select sectors
Print Edition
Japan-based Omron Corp will invest more in industrial automation, lifestyle, healthcare and energy efficiency in China, the company said yesterday.
China is Omron’s second-biggest regional market which generated an annual revenue of 106.3 billion yen (US$1.03 billion) till March 31 — accounting for over 16 percent of its global revenue.
The company also held its Omron Total Fair in Shanghai, which opens to the public today, where it displayed technologies on sensors and monitors to better control robots on the manufacturing line while reducing energy consumption.
These technologies help Chinese firms become more green and efficient as well as more competitive ahead of the planned strict carbon emission restrictions, Omron officials said.
Shanghai launched a carbon trading platform last month as part of China’s efforts to use market mechanisms to fight climate change.
On lifestyle and healthcare, Omron displayed the latest devices and systems used in hospital, personal exercise, car, architecture and smart transport which adopt cloud computing and Internet of Things to connect various machines.
In March, Omron opened a 600 million yuan (US$97 million) Shanghai Omron Control Components Co factory to produce auto and telecommunications electronic components.
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