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Acconeer decides about precautions around annual general meeting

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Due to the ongoing outbreak of covid-19, Acconeer has decided to take precautions in relation to the upcoming annual general meeting, which will be held on April 14, 2020, 17:30 at Ideon Gateway (second floor).

To protect the health of shareholders, Board members and co-workers the Board has made the following decision regarding the annual general meeting:

  • Registration will begin half an hour before the start of the AGM and shareholders are kindly requested to wait outside until then in order to decrease the risk of transmitting disease,
  • No refreshments will be served,
  • The company's CEO will not be holding a speech at the AGM itself. CEO's speech will instead be recorded, and made available at www.acconeer.com,
  • The number attending non-shareholders, Board members and members of the company's management team will be limited,
  • Allocated time for the AGM will be minimized, without restricting the rights of shareholders. Shareholders and their proxies are requested to pay extra attention to avoiding virus transmission.

Shareholders exhibiting even mild symptoms of illness, or belonging to a high-risk health group, are asked to appoint a proxy to look after their rights at the AGM. Form of proxy is available on the company's website, www.acconeer.com. Please note that Acconeer has no possibility of collecting proxy-votes or act as an agent.

The company is closely following the development of the coronavirus (COVID-19) and any implications it can have on Acconeer's annual general meeting. We request all shareholders who intend to participate at the meeting to stay updated via www.acconeer.com.

For additional information, please contact:
Lars Lindell, CEO, Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

The following documents can be retrieved from beQuoted
Acconeer-decides-about-precautions-around-annual-general-mee.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Acconeer develops integration-ready Entry Module with low system cost

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The planned Entry Module, XM132, will be power and cost-efficient with optimized performance for a range of pre-defined use cases. It will be released during the second half of 2020, to complement Acconeer's module offering, which currently consists of the XM112 High-Performance Module and XM122 IoT Module. With XM132, Acconeer takes the next step in providing a module designed for smooth integration into customer products.

With a solderable design combining an ARM Cortex M0 microcontroller unit (MCU) with the A111 radar sensor, the XM132 Entry Module enables radar-based use cases with ultra-low power consumption at an outstanding system cost. To optimize performance, the module will be provided with software tailored for specific use cases. This way, performance requirements can be met at a more efficient cost for customers implementing these selected focus use cases.

"By combining our A111 radar sensor with an M0 MCU, we can provide a product designed to meet commercial sensor module integration requirements, with a shorter time-to-market for customers. To get the best possible performance on a small and cost-efficient system like the ARM Cortex M0 MCU, we will provide dedicated software optimized for this platform. The module SW will come in different versions targeting some of our most common customer use cases fit for integration on a M0-based system," says Mikael Rosenhed, Acconeer's Head of Product Management.

The ARM Cortex M7-based XM112 High-Performance Module was released in December 2018, to let customers evaluate their use cases on an embedded system with high performance. In October 2019, the XM122 IoT Module was launched targeting connected battery-powered use cases, combining the A111 radar sensor with an ARM Cortex M4 MCU and integrated connectivity such as Bluetooth. Both modules have been very well received by the market, opening up new business segments, which is why Acconeer has decided to take the next step and complement the product offering with the XM132 Entry Module.

For additional information, please contact:
Mikael Rosenhed, Head of Product Management, Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on March 18, 2020 16.00.

The following documents can be retrieved from beQuoted
Acconeer-develops-integration-ready-Entry-Module 200318.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Acconeer has shipped more than 100 000 A1 radar sensors

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In February 2020, 24 months after the company started selling Evaluation Kits (EVKs) at Digi-Key, Acconeer AB has shipped more than 100 000 A1 radar sensors to distributors and customers.

Lars Lindell, CEO Acconeer, comments: "Having shipped 100 000 sensors in an important milestone for us as a company. Currently, our revenue split is about 75/25, where 75-80% of our revenue comes from the A1 radar sensor, and 20-25% comes from sales of EVKs.

We have for a long time stated that 12-24 months after the sale of EVK we expect to see customer launches, and now we can confirm that this results in volume sales. The lead time from EVK sales to customer launch varies significantly depending on the business segment. The automotive industry, for example, has a long time to market. Two years ago, less than 50 EVKs had been sold, and none of the 14 customers who have launched up until today had bought an EVK in February 2018."

In the coming 24 months, Acconeer expects that existing customers will increase their volume, the customer base will grow substantially, and the company will see larger customers launching their products.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on February 28, 2020 13.30.

The following documents can be retrieved from beQuoted
Acconeer-has-shipped-more-than-100-000-radar-sensors.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Customer story – Acconeer’s A111 radar sensor in IoT parking solution

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From today, Acconeer will start sharing selected customer stories to show innovative ways our customers use the A111 radar sensor in their products and solutions. The first customer story is from HANCOM Mobility, who uses Acconeer's radar in their parking sensor, which is a key part of the ParkingFriends™ platform provided by HANCOM Mobility.

"By providing customer stories, Acconeer hopes to inspire more innovations, use cases and products. The possibilities with radar technology are endless, and to show actual customer implementations is a way to spark ideas for new exciting applications." says Lars Lindell, CEO Acconeer.

As highlighted in the Interim report for Q3 2019, Acconeer has seen eleven customer launches so far. Going forward, some of these will be showcased online, starting today with HANCOM Mobility's Parkingfriends™ platform. Read the full story about ParkingFriends™ on Acconeer's Customer Stories page.

For additional information, please contact:
Anna Aleryd, Head of Marketing & Communications Acconeer, Phone: +46 10218 92 00, E-mail: info@acconeer.com

The following documents can be retrieved from beQuoted
Acconeer-adds-customer-stories Acconeer Press Release 2019-1.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Acconeer and Imagimob combine Radar Technology and Edge AI in gesture-controlled headphones showcased at CES 2020

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The wireless headphone application to be showcased has been trained to recognize five hand gestures with high accuracy and close to zero latency. It is the first result coming from a cooperation agreement between the companies that started in May this year. By combining Edge AI software from Imagimob with the Pulsed Coherent Radar technology from Acconeer, the two companies have created an innovative platform for gesture control perfect for consumer electronics products.

Imagimob and Acconeer have made a long-term agreement to provide solutions based on the combination of Pulsed Coherent Radar and Edge AI technologies. While the headphones demo for CES is the first exciting result of this deep cooperation, the companies are working on several other projects together in robotics and in the automotive industry.

The market for small, accurate radar sensors combined with AI is rapidly becoming a growing business, which is shown by a number of recent commercial product launches. AI + Radar is a perfect match that can solve many different needs in markets for consumer electronics and other embedded systems where size, cost, and power consumption are key constraints. Headphones is a good example of this kind of product, where gesture control using radar and AI makes it possible to provide a smother, safer, and more intuitive interface for the user.

The A111 radar sensor is a low power, high precision, pulsed short-range radar sensor with a footprint of only 29 mm2. The small size and low power consumption make it ideal for integration into compact battery-driven devices. With the release of the new XM122 IoT module, using an Arm® Cortex®-M4 CPU, optimized for low power consumption and with wireless capabilities such as Bluetooth added, prototyping and integration in small devices with no room for a touch screen have been even further improved.

This first joint project Imagimob and Acconeer have been working on proves that the A111 radar sensor can be fitted into small wearable devices such headphones. The technology can be made to fit into all types of headphones including over-ear, on-ear and even in-ear headphones. The global industry for earphones and headphones is growing fast and is estimated to over $36 billion by 2024.

The gesture application from Imagimob enables accurate gesture detection with low latency in real time
The gesture application is developed by Imagimob using Imagimob AI and was developed in close cooperation with Acconeer. Imagimob AI is a set of software tools for the development of Edge AI applications. Edge AI applications enables small, low-power devices with intelligence and data processing capabilities for actionable insights in real-time. This lends itself to a world of exciting applications, where the Edge AI application is pre-trained with data to create specific instincts for use in all kinds of intelligent products. The output from Acconeer's radar is ideal for this type of algorithms.

Learn more and get in touch
Are you curious to learn more? Visit www.imagimob.com to learn more about Imagimob's innovative AI software tools or find out about pulsed coherent radar technology and its possibilities on www.acconeer.com. The gesture-controlled headphones will be showcased exclusively to selected customers and partners at CES in Las Vegas, January 7-10, 2020. A video of the concept is available at https://youtu.be/sHyIjieEaSQ

For additional information, please contact:
Anna Aleryd, Head of Marketing & Communications Acconeer, Phone: +46 10218 92 00, E-mail: info@acconeer.com

Anders Hardebring, CEO Imagimob, Phone: +46 705910614, E-mail: anders@imagimob.com

The following documents can be retrieved from beQuoted
Acconeer-and-Imagimob-combine-Radar-Technology-and-Edge-AI.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Acconeer announces plans for AEC Q-100 Automotive certification

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The radar technology company Acconeer AB now announces plans for AEC Q-100 certification. Since Acconeer's launch of the A1 sensor in Q1 2018, it has been JEDEC certified for consumer electronics.

The A1 sensor AEC Q-100 grade 3 certification, which covers the temperatures -40°C – +85°C, will be completed by Q3 2020 and grade 2 certification, which covers the temperatures -40°C – +105°C, will be completed by Q2 2022.

Lars Lindell, CEO Acconeer, comments: "With the announcement of our first project which covers three car models we are now taking the step to acquire the certifications necessary for the automotive industry. The dates we are announcing are based on RFQ processes that ALPS ALPINE is participating in and can be advanced should it be necessary for winning business".

2019-09-10

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, Mail: ir@acconeer.com 

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on September 10, 2019 at 10.00.

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2019-09-10.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Acconeer and ALPS ALPINE signs a strategic partnership agreement and announces first customer project

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The radar technology company Acconeer AB and ALPS ALPINE have signed a strategic partnership agreement with the aim of developing products for the automotive industry. ALPS ALPINE is a world-leading manufacturer of electronic components, modules and systems for cars.

Acconeer's unique ultra-low power and high precision radar sensor will be included in several of ALPS ALPINE products. The first product from the collaboration, an access control sensor for cars, has been completed and is already being marketed to automobile manufacturers globally. ALPS ALPINE have now won their first project with a leading international car brand and therefore Acconeer has signed an exclusivity agreement for this particular use-case and car brand. If the project is completed as planned, deliveries are expected to start in early 2022 and run over a minimum of 4 years.

Lars Lindell, CEO of Acconeer, comments: "We have teamed up with ALPS ALPINE for a couple of years and have now reached the point where the next logical step is to formalize our cooperation. We are certain that ALPS ALPINE is the perfect partner to take our radar sensor to the automobile industry globally."

2019-09-04

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, Mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on 4th of September 2019 at 10.30.

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2019-09-04.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).

Acconeer joins SoftBank “IoT Partnership Program”

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The radar technology company Acconeer AB has joined SoftBank "IoT Partnership Program." SoftBank. is a world leading telecommunication company in Japan involved in technology sectors AI, smart robotics, IoT and cloud security.

Acconeer's world leading radar sensor will be included in SoftBank's partnership program and be displayed to SoftBank vendors on SoftBank homepage as a recommended sensor.

Lars Lindell, CEO of Acconeer, comments "We are extremely excited over the possibilities we see in Japan and very proud over the fact that SoftBank wants to endorse our product, there is still a long way to go until this possibly will lead to tangible results for Acconeer but it is great result for our team in Japan".

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone+46 10218 92 00, Mail: ir@acconeer.com 

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2018-12-11.pdf

About SoftBank
SoftBank Corp., a subsidiary of SoftBank Group Corp. (TOKYO:9984), provides mobile communication, fixed-line communication, and Internet connection services to consumers and corporate customers in Japan. Leveraging the innovative technologies of other SoftBank Group companies, SoftBank Corp. is also expanding into AI, smart robotics, IoT, FinTech, cloud security and other business sectors. To learn more, please visit https://www.softbank.jp/en/biz/

About Acconeer AB
Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).

Radar technology company Acconeer signs cooperation agreement with Bintel

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Acconeer have signed a cooperation agreement with the Swedish IoT company Bintel regarding the development of waste management solutions based on Acconeers radar technology. The first product from the cooperation is expected to be released by Bintel during the second quarter of 2019.

– Bintel is an innovative systems developer within waste management. They have many ongoing commercial trials both in Sweden and internationally and are consequently an ideal partner for us. We are confident that together we can develop the markets best solution based on our radar sensor, says Lars Lindell, CEO of Acconeer.

– Acconeer's radar sensor has many advantages over alternative technologies. It's small size, ultralow power consumption and the fact that it can be built into the plastic lid of a waste container and needs no hole are just a few. We see a great potential for Acconeer's unique radar sensor and are proud to be their partner to serve customers both locally as well as globally, says Tom Johansen, CEO of Bintel

2018-12-04

For more information, contact:

Lars Lindell, CEO Acconeer, Tel: 010 – 218 92 00, Mail: ir@acconeer.com 

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2018-12-04.pdf

About Acconeer AB

With groundbreaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption of high-accuracy pulsed radar systems with coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also to areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and surveillance systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).

About Bintel

Bintel is an innovation company within IoT, with focus on the waste management business. Our mission is to increase sustainability and resource efficiency by injecting new technology into our society.

Bintel develops sensors for the waste management business. These measure waste levels, materials, temperature, position, tampering and movement. By using data from all connected waste bins we can apply machine learning to optimize waste collection and implement new functionality in all connected bins in a municipality. Our cloud solution optimizes routes and collection which saves money for the customer and saves the environment with reduced CO2-emissions and better sorted waste.

Acconeer signs a distribution agreement with Japanese MICRO SUMMIT

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The radar technology company Acconeer AB has signed a distribution agreement with MICRO SUMMIT K.K, a leading distributor in Japan. Initially the agreement includes the Pulsed Coherent Radar sensor A1 and the evaluation kit XC112/XR112 and covers the Japanese market.

Lars Lindell, CEO of Acconeer, comments "We are very pleased that we can announce the signing of this agreement with MICRO SUMMIT K.K. This is the next step in our roll out strategy and will enable us to ship products in volume to Japan. The Japanese market will be very important to Acconeer and MSK will be an important partner for us"

Sadakiyo Chiina, President of MICRO SUMMIT K.K, comments "MICRO SUMMIT K.K have followed Acconeer and seen a very strong interest from our customers in Acconeer's unique radar sensor. The Japanese consumer electronic market is very large and Acconeer is bringing a completely new and potentially disruptive technology to the market. We look forward on serving Acconeer and help them build relationships with leading stakeholders in the electronics industry in Japan."

2018-09-21

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone +46 10 218 92 00, Mail: ir@acconeer.com
Sadakiyo Chiina, President of MICRO SUMMIT K.K, Phone +81 3 3258 5531, Mail: chiina@microsummit.co.jp 

This information is the information that Acconeer AB is required to disclose by the EU Market Abuse Regulation and Securities Market Act. The information was provided by the above contact person, for publication on 21st of September 2018 at 13.00

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2018-09-21.pdf

About Acconeer AB
Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).

About MICRO SUMMIT K.K
Micro Summit K.K. is a leading distributor of Micro-electronics components, electronics modules and electro-mechanical components in Japan. Its applications cover wide areas such as MFP, LCD-TV, Handy Terminal, Transceiver, FA Board, POS Terminal, Car Radio, etc. The major customer base includes wide industry leaders such as Canon Inc., Fuji Xerox Co., Fujitsu Ltd., ICOM Inc., Ricoh Co., Ltd., Konica Minolta, Inc., Seiko Epson Corp., etc.

Micro Summit is committed to supporting Japanese customers by supplying products of leading overseas manufacturers in the areas that the suppliers are most excelled in its specific areas.