Fuzetec eyeing automotive, niche segments for growth

Lyle Ellerbee

Taiwan-centered Fuzetec Know-how, focused to presenting polymeric positive temperature coefficient (PPTC) thermistors and other circuit defense answers, has developed its existence in automotive and other niche-sector segments for expansion.

Fuzetec has observed profits generated from the automotive and industrial segments improve as a proportion of corporation revenue to around 50%, the Taiwan-based mostly firm indicated. The business ongoing that its R&D will stay centered on automotive electronics, and goods with high voltage endurance and thermal conductivity.

Fellow Taiwan-dependent company Polytronics Know-how has also observed sturdy demand for automotive electronics increase sales of its PTC thermistors. Besides, the firm’s past acquisition of Henkel’s thermal clad dielectric (TCLAD) materials business enterprise unit has further more bolstered its presence in the automotive and industrial segments.

Each Polytronics and Fuzetec observed their 2021 revenues strike file highs of NT$3.08 billion (US$103.4 million) and NT$595 million, respectively.

Eyeing promising need for automotive and industrial control merchandise in Europe and the US, Polytronics will carry on exploring ties with possible consumers domestically, although Fuzetec is actively proceeding with automotive-related certifications for new orders, according to company resources.

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