Quantify Technology, a Perth-based home automation company, have appointed leading Taiwanese manufacturer CASwell Inc., to manufacture their home automation products for the global market.
CASwell is a subsidiary of Foxconn Technology Group, a company which manufactures Apple’s iPhone and has a market capitalisation of US$20 billion. Listed on the Taiwanese Stock Exchange, CASwell has a US$200 million turnover annually and are well positioned to undertake volume manufacture for Perth’s Quantify Technology.
Quantify is a pioneer of truly intelligent buildings technology, having created simple to install, affordable Internet of Things devices, that replace standard light switches and power outlets. Their intelligent devices are network-connected, offering a comprehensive home automation solution, which can be controlled via voice, touch or app.
Quantify’s CEO Brett Savill commented the appointment is of huge significance to Quantify.
“CASwell provides the highest quality, volume production capacity for sales globally,” Brett said.
“The relationship moves Quantify towards sales and revenue generation opportunities in the highly significant markets of China and Taiwan.”
Brett stated that a key part of the Company’s commercialisation strategy has been to source a manufacturing partner that can scale as demand for Quantify Technology’s products grows both in Australia and internationally.
“CASwell is uniquely positioned to accelerate our growth strategy and we lookg forward to working in partnership with CASwell, with the initial production run of our products commencing immediately, with first production expected to be delivered to Australia in July 2019.
“The first Purchase Order has been placed and the products will be used to fulfil orders with current distributors in Australia.”
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