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Business deals

Omron to invest in Techman Robot, a unit of Taiwan's Quanta

Japanese electronics maker sees revenue from automated sector tripling by 2024

Omron is taking a 10% stake in Techman Robot, as the Japanese company sees the sector expanding in age of COVID. (Source photos by AP and screenshot from Techman Robot's website) 

TOKYO -- Japanese electronics manufacturer Omron is investing in Techman Robot, a manufacturer of collaborative robots in Taiwan and a subsidiary of Quanta Computer.

Omron will acquire a 10% stake in Techman, a leader in the field of collaborative robots, so called because they are often employed alongside human labor. The Japanese company did not disclose the investment amount but said that it will acquire the shares by December. Quanta is a major Taiwanese contract manufacturer.

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