Hgtech's Sensor and Thermal Management Products Reach Global Markets Including Asia, Europe, and the Americas

Deep News03-26

Hgtech Company Limited has announced that its sensor and PTC Inc. thermal management products are now available in regions including Japan, South Korea, Southeast Asia, Europe, and the Americas. The company expects overseas operations to experience rapid growth by 2026. In the home appliance sector, projects with leading air conditioning manufacturers in Japan and South Korea have expanded from China to markets such as Japan, Malaysia, and Thailand. European high-end automotive manufacturers are also diversifying their supply chains with the company's products. Sales in the overseas home appliance segment are projected to continue growing through 2026. In the automotive field, the company has begun mass production for projects with well-known international automakers and has entered more than 40 international projects through tier-one suppliers, covering major overseas automotive OEMs. Sales in the overseas automotive segment continue to achieve new breakthroughs. With overall overseas market demand rising significantly, overseas sales are expected to increase by more than 30% year-on-year by 2026, becoming a new driver for the company's sensing business performance. Moving forward, the company will focus on global markets, continuously optimizing its overseas R&D, manufacturing, and sales networks to enhance global operational capabilities and risk resilience, providing strong support for future growth in overseas revenue from its sensing business.

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