LabShare is Making Hardware Testing Accessible in Asia - A Solid Partnership with EC Test

LabShare, a leading B2B marketplace for hardware testing, announces that the company has granted a channel partner license to EC Test, a technology provider that focuses on implementing IoT, AI and data analytics technologies to the Testing Inspection and Certification (TIC) market, to operate in Hong Kong and Taiwan. This partnership comes in additional to its main European market focus, as part of its expansion planned strategies for 2022.

The cooperation between LabShare and EC Test will promote the sustainable digitalization concept for the hardware testing in the Asian market. Hardware companies will introduce their innovative new products to the market faster than before, compare prices, ratings, and reviews, while using scheduling and tracking tools with the best customer service experience. On the other hand, testing facilities will be able to maximize their capacity utilization, reduce their costs and equipment idle times, and build a network of new stakeholders.

"Our expansion to Hong Kong and Taiwan will mark a milestone in the growth of LabShare as we introduce our specialized hardware testing marketplace to new audiences in different continents" said Levente Bakos – CEO of LabShare. "We will add fully-fledged services to our platform, in the near future, that will offer the registered hardware companies a one-stop-shop experience to have their products tested, certified and up & running in the market."

From his side, Norton Yuen – CEO of EC Test commented: ““We are happy to have critical business partnerships with service providers such as LabShare as we both serve the same industries with high quality standards, while delivering a dignified and respectful transition in the TIC market.”

As a result of this action, both companies expect to have more than 500 registrations of hardware companies and testing laboratories by the end of 2022. Also, registrations will bring an average of 25 matchmaking per month, which expect to record tens of thousands of dollars as revenues from testing requests. These charges will primarily be incurred in the first quarter and continuing through the fourth quarter of 2022.