FPT establishes joint venture in Japan to promote digital transformation in the automotive industry

FPT has partnered with Smart Holdings – a Japanese company providing IT solutions in the manufacturing sector – to establish FPT Smart Technologies Japan Co., Ltd. (FST-Japan) headquartered in Nagoya.

The joint venture aims to promote digital transformation of Japan's manufacturing industry, with automobiles as a strategic focus area.

The cooperation betweenFPT and Smart Holdings has been enhanced through the establishment of a joint venture company, in which FPT and Smart Holdings hold 49% and 51% of shares respectively.

This collaboration aims to meet the growing demand for digital transformation in the Japanese manufacturing industry, especially in the trends of software-defined vehicles (SDV), mobility as a service, and carbon neutrality.

The joint venture inherits FPT's deep technological capabilities in the fields of artificial intelligence (AI), digital and visual-language modeling and Smart Holdings' deep experience in the Japanese manufacturing industry as well as its extensive network of partners with leading automobile corporations.

In the initial phase, FST-Japan will focus on developing projects with a major automotive corporation, and then expand to other customers in the automotive industry. FST-Japan's key areas include digitalizing design drawings, improving the quality of solution proposals, and supporting manufacturers to meet strict standards for quality, cost, and schedule.

Over the next five years, the company expects to create business opportunities worth about $20 million (3 billion yen).

FPT office in Japan.

Mr. Do Van Khac, Deputy General Director of FPT Software and General Director of FPT Japan, FPT Corporation, affirmed: "The establishment of the joint venture is part of our long-term strategy with the goal of promoting the digitalization of Japanese industry, especially the automobile sector".

“We will create new value by combining global experience and world- class human resources with direct implementation capabilities and Japanese quality, thereby providing advanced services to manufacturing enterprises, especially customers in the automotive industry,” emphasized Mr. Koichiro Sato, President and CEO of Smart Holdings.

FPT established a specialized member company in the field of automotive technology in 2023 and currently owns a network of 5,000 global engineers, cooperating with automakers, component manufacturers and chip manufacturers around the world.

LE LAM

Source: https://nhandan.vn/fpt-thanh-lap-lien-doanh-tai-nhat-ban-thuc-day-chuyen-doi-so-nganh-o-to-post905599.html