Desay SV enhances global development and makes new leap in ICVs
Desay SV completes acquisition of ATBB
Desay SV completes acquisition of ATBB
SINGAPORE – Multinational automotive electronics innovator Desay SV Automotive (Desay SV) plans to establish new R&D teams to develop frontier technologies in Level 4 and Level 5 vehicle autonomy and automotive cybersecurity exclusively in Singapore.
Desay SV Automotive is to acquire Antennentechnik ABB Bad Blankenburg GmbH (ATBB) through its parent company Huizhou Desay SV Automotive Co., Ltd. The sale and purchase agreement with the majority shareholder, an investment fund advised by PREMIUM Equity Partners and the two other shareholders is signed while the completion of the transaction is expected in the first half of 2019 due to regulatory government approvals.
On November 28, Desay SV held the groundbreaking ceremony for integration and industrialization of automotive electronics mobile connectivity technology project, automotive electronics intelligent connected technology R&D center construction project and Intelligent Connected Vehicles Base in Huinan Industrial District, Huizhou City. The company’s top management members, led by Chairman Mr. TAN Choon Lim, CEO and also the Project Director of Huinan Industrial Park, Mr. Gao Dapeng, and SVP Mr. Duan Yongzheng attended and witnessed the historic moment together with honored government officials and guests represented by Mr. Zhen Lingling, Deputy Secretary of the Huinan Science and Technology Park Party Committee and Deputy Director of the Commission.
SUZHOU, China, November 21, 2018 — Desay SV today announced it has signed a strategic partnership agreement with NVIDIA, the world’s leader in AI computing, and China new driving force XPENG to jointly develop Level 3 autonomous driving technology tailored for the driving environment in China.
Desay SV to Support Automakers with Cutting-Edge Technologies, Including LTE-V2X, to Support Improvements in Road Safety, Traffic Efficiency and Autonomy
From October 16th to October 18th 2018 Desay SV Automotive presented its latest products at the 2-yearly IZB in Wolfsburg, Germany. Attending the IZB for the third time Desay SV Automotive exhibited its products in the very well visited hall 1 amongst the main competitors. The booth staff was represented by Desay SV Automotive Europe and Huizhou staff, including Senior Vice President Mr. Azmoon Ahmad.
On August 7, Desay Corporation President Mr. Jiang Jie led the Desay SV management team including Chairman TAN Choon Lim, CEO GAO Dapeng, SVPs DUAN Yongzheng and Azmoon AHMAD, visited the Economic Development Board (EDB) and Nanyang Technological University, Singapore (NTU) for the purpose of further strengthening cooperation.
Desay SV and Jilin University officially signed a joint cooperation agreement to develop a testing platform project for ADAS vehicle-hardware-in-the-loop systems in Changchun.