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Melexis has established Melexis Integrated System (Shanghai) Co., Ltd as a Wholly Foreign-Owned Enterprise in China, marking a significant milestone in its localization strategy. This move enhances Melexis' ability to deliver customized semiconductor solutions and strengthens its supply chain in the region.

The company aims to capture market growth in sensors, drivers for automotive, and robotics, with a new autonomous organization to facilitate local decision-making. The WFOE, headquartered in Shanghai, will enable Melexis to operate effectively within the fast-paced Chinese technology ecosystem while maintaining global standards.