August 7, 2019 - Mitsubishi Electric has taken an equity stake in Akribis Systems Pte Ltd (Akribis), a Singapore based manufacturer of linear servo motors and linear stages, 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. Typically needed for products utilizing new technologies such as 5G to meet the demand generated by IoT related business.
Due to the miniaturization and high functionality of smartphones and the accelerated adoption of electric vehicles, linear servo motors and linear stages are increasingly in demand. Used in equipment for manufacturing semiconductors, flat-panel displays, lithium-ion batteries, etc. they achieve increased productivity and precision. This aligns with Mitsubishi Electric's servo systems which have been adopted in various production facilities around the world due to the company's industrial automation product lineup.
Mitsubishi Electric, through its investment in Akribis, which has a high share of the global market for linear servo motors and linear stages, aims to accelerate its advancement of e-F@ctory and strengthen its total industrial automation solutions by combining its own servo systems and other industrial automation products with Akribis' product lineup and customization abilities.
