Sivers Semiconductors AB announced that its subsidiary, Sivers Wireless, has signed a reseller agreement with Japanese electronics specialist Shoshin.
Shoshin Corp. is a company located in Nihonbashi, Tokyo, Japan, in the commercial heart of the city. Founded in 1947, it employs around 100 people and specializes in microwave, aerospace and telecommunications equipment. Major existing customers of Shoshin include NEC, Fujitsu and NTT DoCoMo.
“I am very pleased to strengthen our local presence in Japan, given the vast market potential for millimeter wave products. Frequencies have been allocated in Japan and we can see a big interest from large companies and mobile network operators, many of which are active also on the global marketplace, indicating a promising sales growth potential,” said Anders Storm, Group CEO of Sivers Semiconductors.
Sivers Wireless and Shoshin have been working together for some time to explore and evaluate the basis for a long term co-operation, which has lead to an agreement to work together on the Japanese market.