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Teijin FronTIer, an advanced materials factory owned by Teijin, a Japanese fiber company, and a joint venture with sports goods newcomer Sports Sensing, established Teijin FronTIer Sensing, a sportswear wearable device factory in April 2018, with a capital of 50 million yen. US$460,000) for the development of wearable technology for sports and medical.
The new company uses Teijin's technology and experience in clothing fiber, as well as Sports Sensing's technology in motion sensor hardware and software, as well as the advantages of athlete attitude analysis and wireless sensing transmission technology, to develop wearable devices for sports or healthcare, new products The fastest will be listed in 2018, and the target 2025 wearable device business will reach 10 billion yen.
The technology developed by Teijin has piezoelectric fiber technology for making clothing and providing electricity. It can be applied to wearable devices for heartbeat and blood pressure to develop medical care. It can also be used in sportswear for athletes as an analysis of athletic ability. The game scores or the usual training purposes, and the related technology is the director of Sports Sensing.
Sports Sensing, established in 2015, is restricted to a number of sports communities in Japan. The Teijin Group's global accessibility helps to open the Sports Sensing product marketing pipeline, as well as healthcare-related markets such as hospitals, and possibly even industry. 4.0 application, become a part of the automated production line sensor. Teijin's years of experience in the design of apparel materials and piezoelectric fiber technology have become the key technology for Sports Sensing to break through existing business constraints.
After working with Sports Sensing for a while, Teijin FronTIer believes that it is necessary to enhance the partnership. Therefore, 90% of Teijin FronTIer and 10% of Sports Sensing will establish a joint venture to facilitate technology development and product marketing. Teijin Frontier hopes that through this cooperation, the wearable technology business will reach 2 billion yen in revenue in 2025, while the Teijin Group's wearable technology business will exceed 10 billion yen.
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