FPT Signs MoU with Subaru, Driving Innovation in Automotive Manufacturing Sector
10-09-2024
<p style="text-align: center; display: block; margin-right: auto; margin-left: auto;"><font face="Segoe UI" color="#ffffff"><span style="font-size: 18px;"><i style="">The MoU signing ceremony took place in Tokyo, Japan with the participation of senior executives from Subaru and FPT Software</i></span></font></p><p style="text-align: center; display: block; margin-right: auto; margin-left: auto;"><font face="Segoe UI" color="#ffffff"><span style="font-size: 18px;"><i style=""><br></i></span></font><br></p><p><em style="margin: 0px; padding: 0px; border: 0px; outline: 0px; font-size: 18px; font-family: Inter; vertical-align: baseline; line-height: 28px; max-width: 100%; height: auto; text-align: center;"><font color="#ffffff"><br></font></em></p><p><em style="margin: 0px; padding: 0px; border: 0px; outline: 0px; font-size: 18px; font-family: Inter; vertical-align: baseline; line-height: 28px; max-width: 100%; height: auto; text-align: center;"><font color="#ffffff"><span style="font-style: normal; text-align: start; font-family: "Segoe UI";">TOKYO, Japan — August 27, 2024 — Global technology company FPT Software, a subsidiary of FPT Corporation, and Japanese transportation conglomerate Subaru Corporation (Subaru) recently signed a Memorandum of Understanding (MoU) to establish a strategic partnership to foster innovation and development in both companies.</span><br style="line-height: 28px; max-width: 100%; height: auto; font-style: normal; text-align: start;"><br style="line-height: 28px; max-width: 100%; height: auto; font-style: normal; text-align: start;"><span style="font-style: normal; text-align: start; font-family: "Segoe UI";">According to the MoU, FPT Software will leverage its technological capabilities and global market experience to advance digital transformation for Subaru’s in-house information systems and in-car systems in terms of factory software, legacy system upgrades, system operation automation, infrastructure, security, and promote the application of advanced technologies such as Artificial Intelligence and Robotic Process Automation. Additionally, FPT Software aims to build an ecosystem to supply a skilled workforce for Subaru's operations by tapping into Vietnam's abundant human resources and educational institutions. The two companies also plan to conduct personnel exchanges and participate in joint events to further strengthen their partnership, with the potential to promote the use of electric vehicles (EVs) in Vietnam and Japan, serving Subaru’s vision of having battery EVs make up half of its sales by 2030.</span><br style="line-height: 28px; max-width: 100%; height: auto; font-style: normal; text-align: start;"><br style="line-height: 28px; max-width: 100%; height: auto; font-style: normal; text-align: start;"><span style="font-style: normal; text-align: start; font-family: "Segoe UI";">“With our high-quality resources and strong technological expertise, FPT Software is confident in helping Subaru achieve the leading position in manufacturing innovation and value creation. We plan to allocate 200 people to support Subaru in 2025 and look forward to a more comprehensive partnership,” said Do Van Khac, Senior Executive Vice President of FPT Software and CEO of FPT Japan.</span><br style="line-height: 28px; max-width: 100%; height: auto; font-style: normal; text-align: start;"><br style="line-height: 28px; max-width: 100%; height: auto; font-style: normal; text-align: start;"></font><span style="font-style: normal; text-align: start; font-family: "Segoe UI";"><font color="#ffffff">The partnership with Subaru further solidifies FPT Software’s position as a trusted partner for digital transformation in the automotive industry and its extensive outreach in Japan. The company boasts over 10 years of experience in the automotive domain, a global team of 4,000 automotive software engineers and experts, and a strong focus demonstrated by the launch of</font><font color="#0000ff"> </font></span><a href="https://fptsoftware.com/newsroom/news-and-press-releases/press-release/fpt-launches-automotive-technology-subsidiary-facilitating-sdv-transition" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; font-style: normal; font-color=" #0000ff";="" vertical-align:="" baseline;="" line-height:="" 28px;="" max-width:="" 100%;="" height:="" auto;="" cursor:="" pointer;="" text-align:="" start;"="" target="_blank"><span style="font-family: "Segoe UI";"><font color="#0000ff">FPT Automotive</font></span></a><span style="color: rgb(26, 29, 41); font-style: normal; text-align: start; font-family: "Segoe UI";"> </span><span style="font-style: normal; text-align: start; font-family: "Segoe UI";"><font color="#ffffff">in 2023. In Japan, FPT Software is the country’s largest foreign-invested tech firm in terms of human resources, with 3,500 employees in 17 local offices and innovation hubs and nearly 15,000 employees working from overseas. The company also serves as Chair Company of the</font></span><span style="color: rgb(26, 29, 41); font-style: normal; text-align: start; font-family: "Segoe UI";"> </span><a href="https://fptsoftware.com/newsroom/news-and-press-releases/news/fpt-japan-joins-leading-it-companies-in-forming-vietnam-japan-digital-transformation-association" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; font-style: normal; vertical-align: baseline; line-height: 28px; max-width: 100%; height: auto; cursor: pointer; text-align: start;" target="_blank"><span style="font-family: "Segoe UI";"><font color="#0000ff">Vietnam Association of Digital Transformation in Japan</font></span></a><span style="font-style: normal; text-align: start; font-family: "Segoe UI";"><font color="#1a1d29"> </font><font color="#ffffff">(VADX Japan) to boost competitiveness and establish distinctive global positions for both Vietnam and Japan in a future defined by technology.</font></span><br></em><br></p>
