Semiconductors

EXCLUSIVE: Ideal Power Partners With Sekorm, Driving Growth in China's Semiconductor Market - Perfect Energy (NASDAQ: IPWR)

.On Monday, Perfect Electrical power Inc IPWR revealed an agreement with Sekorm Advanced Technology (Shenzhen) Co to distribute Perfect Energy's products throughout China.
" This leading demand-creation representative handles B-TRAN target commercial and automotive markets in China, the globe's largest market for power semiconductors. Our company await teaming up along with Sekorm to get orders that may potentially trigger design wins and/or custom growth arrangements," Best Electrical Power CEO Dan Brdar stated.
Additionally Read Through: EXCLUSIVE: Ideal Power Secures International Circulation Deal with RYOSHO United States.
Perfect Electrical power possesses arrangements along with three distributors with need production proficiency and comprehensive consumer systems that extend its global reach: Richardson Electronic devices for the international distribution of Best Electrical power's items RYOSHO U.S.A, INC, a subsidiary of RYODEN corporation for the worldwide circulation of Perfect Energy's items along with specific durability in Japan and also Sekorm Advanced Technology (Shenzhen) Co for distribution of Perfect Energy's products throughout China.
Price Activity: IPWR inventory closed higher by 7.90% at $8.74 on Friday.
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