A Memorandum of Understanding was signed between Ingress AOI Technologies Sdn Bhd and Sungwoo Hitech Korea, marking the official partnership between the two parties.

The purpose of this collaboration is to explore potential business opportunities in developing, manufacturing and supply of Battery Electric Vehicles related automotive components. This represents a significant step towards leveraging synergies, expertise, and resources for the expansion of Ingress product offerings in the automotive components manufacturing market within Asia region.