Chinese tech giant BOE Technology Group Co launched its Russia operation through a subsidiary in that country on Monday, marking a significant step toward the company's global ambition.
Located in the Greenwood Business Park in Moscow, the BOE subsidiary in Russia will handle original equipment manufacturing, displays panels and commercial displays as well as provide consumers with innovative technology products and solutions, Guo Chao, head of BOE's overseas operations, said in a statement.
BOE has already been supplying displays and other parts for television manufacturers in Russia and Ukraine, according to a statement sent to the Global Times on Wednesday.
BOE said the start of its Russia operation represents an important step in its global expansion plan, which has so far resulted in several research and development and sales centers in countries such as the US, Germany, Japan and South Korea.
The company has also acquired and partnered with several overseas companies, including US wearable products firm Meta, Israel's Cnoga Medical Ltd, and French firm SES-imagotag, according to the statement.
Founded in 1993, BOE is a leading supplier of Internet technologies, products and services.