FIT Hon Teng launches e-bike displays and controllers

  • By Lisa Wang / Staff Reporter

FIT Hon Teng Ltd (鴻騰精密), an electronic component manufacturing arm of a subsidiary of Hon Hai Precision Industry Co (鴻海精密), launched its first advanced displays and controllers for e-bikes yesterday.

Hong Kong-listed FIT said in a statement that the new products aim to capture new business opportunities emerging from a major shift in travel behaviors from public to private transport in the post-COVID-19 pandemic era. .

The controller, usually mounted on the frame of an e-bike, collects data from the battery, motor, throttle and pedal assist system, and sends signals to the electronic system, including the level of battery, speed and level of pedal assistance on the rider display.

Photo courtesy of FIT Hon Teng Ltd

In Europe, older people and commuters are turning to e-bikes, especially in urban areas, because they’re lightweight and don’t require permits or registration, the FIT said.

Additionally, many governments in Europe are offering subsidies for the purchase of e-bikes to encourage people to use them to fight the spread of COVID-19, he said.

FIT has won orders from the world’s leading e-bike manufacturers to supply connectors used in advanced e-bike models, he said.

To expand its presence in global supply chains, the company is focusing on developing components used in electrical power management, automotive connectivity and human interfaces, he said.

Mobile components are the biggest contributor to revenue, accounting for around 27% of FIT’s sales in the first half of last year, when it had revenue of $1.98 billion, while used components in automobiles and industrial and medical devices accounted for 30%, according to the company. the data showed.

FIT also manufactures electronic and optoelectronic connectors, antennas, acoustic components, cables and modules used in computers, smartphones and consumer electronics.

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