Home Press Releases The Joint Venture between iST and DEKRA

The Joint Venture between iST and DEKRA

Home Press Releases The Joint Venture between iST and DEKRA

The Joint Venture between iST and DEKRA

by jessica

Issued Date: 2015/05/11
Issued By: iST

iST (Integrated Service Technology), —a leading supplier of electronic products testing and certification, never stops its globalization strategy. The management board of iST announced their resolution to sign the cooperation contracts in relevance to a joint venture of strategic alliance with DEKRA, the outstanding testing and certification leading company in Europe on May 11th.

iST and DEKRA will build a joint venture, Dekra iST Reliability Services Inc. (hereinafter referred to as “DEKRA iST”), to establish strategic alliance in LED, PCB, PCBA and system reliability verification service. DEKRA will hold 51% of the total shares of DEKRA iST, This strategic alliance could help to strengthen both parties’ capabilities of providing first-class testing and certification services in fields of automotive, LED and medical electronics.

DEKRA, with a history of nearly 90 years, is the biggest world’s leading expert organization in vehicle safety testing and inspections. DEKRA’s business turnover is about 100 billion TWD. DEKRA does periodical vehicle inspection for around 26 million vehicles annually. DEKRA’s clients are including quite amount of famous European automotive manufacturers. Currently, DEKRA currently maintains a presence in 50 countries in Europe as well as in the USA, Britain, and Asia.

Besides, DEKRA also has accreditation to award CE Marking which is a gate pass for the products exported to European market, DEKRA acts as the gatekeeper of the entrance of European market for the products such as medical devices, lighting equipment and consumer goods to European market. DEKRA ranks the 1st and 3rd in market share for lighting and medical devices certification respectively throughout of the world.

DEKRA iST will focus on two main points at the beginning of establishment. The first point is to expand market coverage and the second point is to integrate the excellent expertise capabilities of each other party and optimize the result.

‘The establishment of DEKRA iST marks that iST, a Taiwan enterprise with a history of 20 years, who expanded its business to Mainland China, Japan and America successfully in last few years, will develop its service coverage to the European market. This strategic alliance is a milestone of iST’s global testing and certification strategy, and a good start for the next golden 20 years of iST.’ Mr. Danny Yu, the chairman of iST expressed.

‘The majority customers of iST are Tier 1 and OEM automotive components suppliers, while DEKRA has an excellent strength in the management of world’s well-known automotive manufacturers. The joint venture DEKRA iST will provide the opportunity to iST for contacting automotive manufactures directly. Driven by automotive manufacturers, thousands of suppliers will form a circle, which opened the opportunity for components factories, ECU factories to do the testing in iST.’ Mr. William Cheng, vice general manager of iST said.

Dr. Bert Zoetbrood, Managing Director of DEKRA Certification Group said that ‘As to DEKRA , iST has entered Taiwan and mainland china market for quite a few years with numerous customers, leading position in Asia, solid assurance testing and fault analysis capability, which will help DEKRA deepen its market structure in Asia.’

Dr. Bert Zoetbrood, further pointed out, ‘iST itself is the authorized third party lab of Tier 1 automotive components factories — Continental and Delphi, which recognized the capability of iST. Therefore, the strategic alliance will help automotive manufacturers strengthen the quality control to the automotive components suppliers through with iST’ Joint Venture.

About DEKRA

DEKRA has been active in the field of safety for 90 years. Founded in 1925 in Berlin as Deutscher Kraftfahrzeug-Überwachungs-Verein e.V., it is today one of the world’s leading expert organizations. DEKRA SE is a subsidiary of DEKRA e.V. and manages the Group’s operating business. DEKRA generated sales of around €2.5 billion in 2014. The company currently employs around 35,000 people in more than 50 countries on all five continents. With qualified and independent expert services, they work for safety on the road, at work and at home. These services range from vehicle inspection and expert appraisals to claims services, industrial and building inspections, safety consultancy, testing and certification of products and systems, as well as training courses and temporary work. The vision for the company’s 100th birthday in 2025 is that DEKRA will be the global partner for a safe world. More information, please visit : www.dekra.com

About Integrated Service Technology

Founded in 1994, iST began its business from IC circuit debugging and modification and gradually expanded its scope of operations, including failure analysis, reliability verification, material analysis and so on. iST has offered full-scope verification and analysis services to the IC engineering industry, its customers cover the whole spectrum of the electronics industry from IC design to end products.

In response to rising Cloud Intelligence, Internet of Things (IoT) and Internet of Vehicles (IoV), iST not only focuses on its core services but is also expanding its service offerings based on international trends, such as Automotive electronic verification platforms and signal integrity testing services. http://www.istgroup.com