Solicore Provides First Paper-Thin, Flexible Battery To Israeli Distributor Semicom Lexis
Solicore announced an agreement with Semicom-Lexis Ltd. for the exclusive distribution of Solicore’s paper-thin Flexion® batteries in Israel. This strategic alliance launches Solicore in the Middle East market by leveraging Semicom-Lexis’s knowledge of key industrial and consumer electronic needs in the region, as well as their network of relationships with security, power and component OEMs.
"Although we offer an array of battery products, none of our partners are able to provide anything comparable to the kind of ultra-thin flexible batteries Solicore has developed, which has previously limited our ability to fulfill various requests we’ve received," said Udi Doron, Director of Sales and Marketing at Semicom-Lexis. "In addition to the smart card and RFID applications integrating Solicore’s Flexion batteries already in development, the unique nature of this technology provides us new horizons in designing products that have not been possible due to the limitations of existing power solutions."
Solicore claims that its entrance into the Israeli market brings exciting opportunities. Semicom-Lexis does 15 to 20% of its business with the Israeli military – a new market segment that Solicore thinks will showcase the "limitless applications" of its batteries.
"Solicore’s relationship with Semicom-Lexis provides an important gateway to the Middle East market, providing new opportunities for us in areas we are excited to build on to further fuel our growth," stated Solicore Executive Vice President of Battery Sales and Business Development, James P. McDougall. "Semicom-Lexis’s military contracts create a space for us to contribute to new solutions that open many doors for us, while securing exposure for Solicore to some of the largest companies and technology developers in the world."
Adding to its existing relationships with distributors in Asia, Europe, North America and South America, Solicore believes that its emergence in the Middle East strengthens its presence as a global leader in embedded power solutions.