Irish mobile multimedia processor firm Movidius has announced a tie-up with Chinese electronics group Keen High Shenzhen to manufacture a range of consumer electronics products.
The deal is expected to generate €19 million in revenues over the next three years. The group says that volume shipments have begun to the US, Japan, Russia, Europe and China.
“Our ultra low-power Myriad media processing platform has enabled us to develop novel products for both the mobile and consumer markets,” Paul Costigan, chief operating officer and vice-president Asia Pacific at Movidius, says. “Keen High is a great manufacturing partner for us in bringing these products to market for customers around the world.”
The deal was launched at Keen High’s Shenzhen headquarters during a visit by Minister for Jobs Richard Bruton.
Keen High is a design manufacturing service which is listed on Taiwan’s emerging stock market, and works with many international brands making MP3 players, tablets and other devices.
It has 2,300 employees and group turnover in 2010 was $170 million.
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