X2M Connect: Secures new China and Taiwan orders

X2M Connect Secures new China and Taiwan orders

  • X2M Connect (X2M) expands its presence in China and Taiwan after securing three new contracts
  • Two of the orders come from China for the company’s hardware and accessories and are valued at about $1 million
  • The third order comes from the Taiwanese Government’s Electronics Testing Center and relates to energy management
  • This is worth about $120,000 and follows on from an initial order made from the organisation
  • Shares in X2M end the day in the grey, trading at 10 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Visa and Ramp Boost Bill Pay Automation with Agentic AI

New integration aims to streamline corporate expense management processes.Highlights: Visa and Ramp announce partnership to automate corporate bill...

TikTok Seeks Financial Services Licenses in Brazil, Expanding Digital Reach

The platform aims to tap into Brazil's growing fintech market.Highlights: TikTok is applying for financial services licenses in...

CaixaBank Strengthens Crypto Investment Services for Clients

The bank expands its offerings to include digital asset investments.Highlights: CaixaBank introduces cryptocurrency investment services to its clients.Clients...

Monzo Shuts Down US Business to Focus on European Expansion

The UK-based fintech firm redirects efforts towards Europe amid challenges.Highlights: Monzo announces the closure of its US business.The...