MVTec Establishes Taiwanese Subsidiary
MUNICH, April 17, 2024 — MVTec has established a subsidiary in Hsinchu, Taiwan. MVTec Taiwan Co., Ltd., will primarily focus on the semiconductor industry, the parent company said, and will house MVTec's previously established sales office, which is relocating from Taichung, Taiwan.
MVTec Taiwan Co., Ltd. technical sales manager Jash Chu (left) and sales manager Edward Tsai. Courtesy of MVTec Software GmbH.
MVTec added that it plans to expand the number of employees at the subsidiary over the next few years. Martin Krumey, vice president of sales at MVTec, cited Taiwan as a strategically important market for machine vision software development.
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