Pan-International has outlined a significant strategic pivot following its joint acquisition with Foxconn Technology Group of Belgian axial flux motor manufacturer Magnax, indicating a move beyond its core wiring harness and precision components business into the humanoid robotics sector. The acquisition addresses a crucial gap in power system technology and is positioned as a foundational step toward Pan-International’s broader ambitions in the robotics industry.
Pan-International pivots to humanoids with Magnax acquisition
23
Jan