Semisysco Changes Company Name to 'Edison EV'... "Accelerating Business as a Mobility and Semiconductor Platform Company"

[Asia Economy Reporter Hyunseok Yoo] Semisysco announced on the 13th through an extraordinary general meeting of shareholders that it has changed its company name to Edison EV.

A company official stated, "In Edison EV (Electric Vehicle), Vehicle is a comprehensive concept that refers not only to automobiles but also to all means of transportation such as electric ships, electric yachts, and drones."

He added, "The name change was made to focus on semiconductor display business, including automotive semiconductors, power semiconductors, battery cells, and semiconductor display inspection equipment business, and through this, we plan to grow into a global semiconductor and electric vehicle parts inspection equipment company."

Along with this, the company plans to expand into platform business. The official said, "Our affiliate Edison Motors already operates an e-commerce site that handles all products related to electricity," and added, "In the future, we will expand our business areas to bicycles, electric carts (capable of transporting people and cargo), and electric two-wheelers, aiming to establish ourselves as a global platform company like Amazon and Google."

Semisysco and its affiliate Edison Motors are making every effort to create business synergy. They plan to sell vehicles such as electric trucks through Semisysco's nationwide network. Based on Edison Motors' core technologies such as BMS and motors, Semisysco intends to advance the ultra-compact electric vehicle EV-Z (Zeta) and expand its electric vehicle portfolio including electric passenger cars and sport utility vehicles (SUVs).

This content was produced with the assistance of AI translation services.