Home Press Releases iST signs strategic cooperative letter of intent with FAW

iST signs strategic cooperative letter of intent with FAW

Issued Date: 2016/3/8
Issued By: iST

The leading brand of IT verification test service provider, iST announced today (Mar 8, 2016) that it has a great breakthrough in China’s automotive verification market. Together with DEKRA iST and DEKRA, iST has signed strategic cooperative letter of intent with Changchun FAW Automobile Trade Park Development Group Co., Ltd. ( hereafter referred as “FAW”), a subsidiary of FAW Group, the biggest automobile group of mainland China.

Founded in 1953, nicknamed the cradle of automobile industry in China, FAW group produced its very first car in 1956, opening up the mass production of vehicle history of China. Thus far, all kinds of automobile production and sales of FAW group have reached more than 24 million units. In recent years, FAW group has created joint ventures with Volkswagen, Audi, Toyota, GM and Mazda to run large enterprises of vehicle manufacture.

iST said, this strategic cooperative letter of intent reveals that FAW can enlist iST, DEKRA iST and DEKRA with the experience of automotive verification and supplier chain management to assist its FAW vehicle secondary service system[*Note1]and Changchun FAW spare resources co., LTD[*Note2]in the maintenance and development of the aftermarket service.

This corporation not only indicates the branding car makers in China have been paying more attention to the quality of the automotive component and moving closer to international standards; but also means iST, DEKRA iST and DEKRA will guard a pass for the quality of FAW’s automotive spares and service depots as the roles of third-party test laboratories and important partners with FAW.

iST pointed, this move is a further step to enter the branding vehicle market in China after last year building “DEKRA iST”, a joint venture with DEKRA, the biggest world’s leading expert organization in vehicle safety testing and inspections.

iST further said, this is not the first time for iST stepping into China’s automotive market. In 2015, iST has assisted Unicore Communication, a chip supplier to get AEC-Q100 certification with the other branding car maker, Changan Automobile. Since 90’, iST has been playing a third-party notary laboratory of branding companies, cooperating with Dell, Cisco, the recent global mobile brand and the Changan Automobile last year, which means iST has never absent in the industry trends.

[*Note1]:FAW vehicle secondary service system, an aftermarket service targeting China’s vehicle market built by Changchun FAW Automobile Trade Park Development Group Co., Ltd. With more than 900 business units in mainland China, FAW vehicle secondary service system is aiming to professional repair and maintenance services of FAW vehicle in addition to the 4S shop.

[*Note2]:Changchun FAW spare resources co., LTD, a provider of OEM parts, oils, mechanical and electronic materials for FAW’s vehicle model of Volkswagen, Audi, BESTURN, Sagitar, Mazda, Golf, Jetta, etc.

About Changchun FAW Automobile Trade Park Development Group

Founded in 1993, and located in the most prosperous automobile business circle in Chang Chun. July 10, 2009, open a 4S shop with Sales, Service, Spare part, Survey authorized by FAW car sales co., LTD, a wholly-owned subsidiary of FAW group.

Its parent company is FAW group, the first car manufacturer in China. Founded in 1953, won the name of “Cradle of automobile industry in China” by producing its first vehicle “Jie Fang” in 1956 and ended the history that “China couldn’t have the capabilities to mass produce cars“.

Thus far, all kinds of automobile production and sales of FAW group have reached more than 24 million units. Based in Northeast, north China, South China and Southwest China, distributed in the cities of Harbin, Changchun, Jilin, Dalian, Beijing, Tianjin, Qingdao, Wuxi, Chengdu, Liuzhou, Qujing, Foshan, Haikou, etc. Developing the domestic market while exploring the international market, gradually establishes a global marketing and purchasing system.

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 LED and Automotive electronic verification platforms and high-speed signal transmission integrity services.

iST’s pursuit of precision, perfection and efficiency, which has been accredited by multiple international well-known and credible organizations including IEC/IECQ, TAF, TUV NORD and CNAS. With increased outsourcing by major international brands, iST also plays the role of independent quality testing laboratory for OBM outsourcing products and association and is certified by TI, Lenovo, Dell, Cisco, Delphi, Continental Automotive, ISTA, HDMI, etc.

On July 2015, iST and DEKRA built a joint venture, Dekra IST to provide services including LED, PCB, PCBA, and system reliability verification, which could help to strengthen both parties’ capabilities of providing first-class testing and certification services in fields of automotive, LED and medical electronics.

Headquartered in Hsinchu, iST has led it to expand its operations around the world. The iST Group now includes iST Kunshan, iST Shanghai, iST Beijing, iST Shenzhen, iST Wuhan and iST Chengdu in China; Japan; US. These are all dedicated to providing customers with prompt, reliable and high-quality technical services in order to grow with the leaders of the world. For more information, please visit the iST website at: www.istgroup.com