Market Overview

Advanced Energy Partners with Scientech, Collaborated Service Solution

Advanced Energy Industries (NASDAQ: AEIS) today announced sales and service distribution partnerships with Scientech Corporation (Scientech) and with Collaborated Service Solution, Inc. (CSS), both in Taiwan, to provide product and service sales and support for Advanced Energy (AE) products in the Taiwan market. Scientech will represent all thin film and solar energy products in Taiwan, providing flexible, locally managed sales and marketing expertise. While AE's Solar Energy business unit (AESE) will maintain responsibility for solar inverter support, all other product repair and service operations in Taiwan will be managed through the partnership with CSS. Both new partners are recognized for their excellence in sales and service management, as well as a broad and deep network well-suited to AE's customer base that will expand AE's geographic coverage and is expected to improve overall customer satisfaction. These new partnerships are part of AE's long-term strategy to align sales, marketing and support capabilities with its evolving global customer footprint through enhanced local capabilities and response, while leveraging a world-class global operations infrastructure.

Yuval Wasserman, president of AE Thin Films, said, "Our new business model in Taiwan is in line with our strategy to expand

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Posted-In: News Guidance Contracts Management Global

 

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