iMotion Automotive Technology's (HKG:1274) unit iMotion Automotive Technology (Singapore), agreed to form two joint venture companies with Delloyd Technology, a Wednesday Hong Kong bourse filing said.
JV firm iMotion Delloyd Electronics will sell and distribute autonomous driving solution company iMotion Automotive Technology's products in Southeast Asia.
The other firm, Delloyd iMotion, will introduce advanced surface mount technology production lines and assembly testing production lines to engage in the design and manufacturing of PCBA products.