ULVAC : PHI, Inc. to form a new company in Nanjing, China to sell surface analysis instruments and provide customer support
November 23, 2023 at 09:10 pm EST
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We are pleased to announce that we have established a new company in China for the purpose of sales and customer support business.
The details are as follows:
1. Reason for Company Establishment:
In China, we have been developing our business through distributors since 2010, and now we have decided to establish a local subsidiary of ULVAC PHI Inc. to strengthen our sales and customer service support system.
Going forward, ULVAC PHI will continue to promote further improvements in customer satisfaction and aims to expand its share of the Chinese market.
2. Outline of the new company
Company name
：ULVAC PHI Instruments Co., Ltd.
Representative
：Yasuhiro Hara, Chairman (part-time Executive Officer of ULVAC Inc. President and CEO of ULVAC-PHI,Inc)
Location
：Nanjing, China
Main Business
：Sales of our products and customer support business in China
Establishment
：November 2023
Fiscal Year End
：December
Registered Capital
：RMB 5 million
Equity Ratio
：Our Company (100%)
We believe that this strategic move will contribute to our continued success in the Chinese market.
Ulvac Inc. published this content on 24 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2023 02:09:09 UTC.
Ulvac Inc is mainly engaged in vacuum equipment business. The Company operates through two business segments. The Vacuum Equipment segment is engaged in development, manufacture, sale and maintenance of sputtering equipment, organic electro luminescence (EL) manufacturing equipment, solar cell manufacturing equipment, winding type vacuum vapor deposition equipment, vacuum pump and measuring instrument. The Vacuum Application segment is engaged in development, manufacture, sale and maintenance of sputtering target materials, control system related equipment and analytical equipment.
ULVAC, INC. 
