NEW COSMOS ELECTRIC CO., LTD. (Tokyo Stock Exchange Standard Market listing: Securities code 6824; Address: 2-5-4 Mitsuyanaka, Yodogawa-ku, Osaka; Tel: 06-6308-2111; President: Yoshinori Takahashi; Capital: 1,460 million yen) is proud to announce the establishment of TAIWAN NEW COSMOS ELECTRIC CO., LTD., its wholly-owned subsidiary in Hsinchu, Taiwan. Operations started from July 3 for marketing gas detectors and alarms in Taiwan.

Background of establishment

In 1996, we established a technical service center in Taiwan, which was reorganized into the Taiwan Office in 2000, and have been provided sales support in Taiwan. We have decided to establish a local subsidiary in order to strengthen our sales structure in the semiconductor market, which is expected to continue to expand, especially in Taiwan.

[Profile of TAIWAN NEW COSMOS ELECTRIC CO., LTD.]

Company Name TAIWAN NEW COSMOS ELECTRIC CO., LTD.
Title and name of representative Chairman and
General Manager Hungjen Wang
Start of operations July 3, 2023
Capital US$3,215,300
Stakeholder NEW COSMOS ELECTRIC CO., LTD. (100%)
Location Hsinchu, Taiwan
Operations Import and sale of gas detectors and alarms for industrial use and gas alarms for residential use.
Employees 8 (including part-time director)

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Disclaimer

New Cosmos Electric Co. Ltd. published this content on 04 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2023 00:59:05 UTC.