WeTouch Expands Global Presence: Secures Siemens Supply Contracts for Industrial HMI and PLC High-End Series
Rhea-AI Summary
WeTouch (NASDAQ:WETH) won two long-term supply qualifications with Siemens for its industrial high-end Human-Machine Interface (HMI) series and core Programmable Logic Controller (PLC) touchscreen products.
The agreements run for five years and are expected to contribute approximately USD 10 million in additional annual revenue during the contract period. The HMI project targets Siemens' high-end series in Germany/Europe; the PLC touchscreen project will be rolled out mainly in Southeast Asia.
This secures WeTouch's position in Siemens' supply chain, supports geographic expansion in Europe and Asia, and validates the company's touch technology and quality controls.
Positive
- USD 10M expected incremental annual revenue
- 5-year supply qualification term with Siemens
- Long-term supply status for Siemens' HMI high-end series in Germany
- Major PLC touchscreen project rollout planned in Southeast Asia
- Validation of WeTouch technology and quality by a global industrial leader
Negative
- Agreements span only a five-year contract period
- Revenue stated as approximately $10M annually (not guaranteed exact figure)
News Market Reaction 15 Alerts
On the day this news was published, WETH gained 4.15%, reflecting a moderate positive market reaction. Argus tracked a peak move of +14.6% during that session. Our momentum scanner triggered 15 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $1M to the company's valuation, bringing the market cap to $32M at that time.
Data tracked by StockTitan Argus on the day of publication.
Expected to Contribute
CHENGDU, CN / ACCESS Newswire / November 4, 2025 / WeTouch Technology Inc. ("WeTouch" or the "Company"), a global leader in touch display solutions, today announced another major milestone in the international high-end market: the Company has successfully won two key projects with Siemens AG, a world-leading provider of industrial manufacturing and automation solutions. Under the agreement, WeTouch has been awarded long-term supply qualification for Siemens' industrial Human-Machine Interface (HMI) high-end product line as well as its core Programmable Logic Controller (PLC) products for the next five years. Together, these projects are expected to generate approximately USD 10 million in additional annual revenue during the contract period.
Industrial HMI: Powering Smart Factory Interfaces in Europe
Human-Machine Interface (HMI) systems are widely used in high-end automated production lines, serving as the critical platform for interaction between operators and industrial equipment. Siemens' industrial HMI high-end series is one of its flagship product lines in the European automation market, known for its exceptionally stringent technical and quality requirements.
By leveraging advanced touch technology, stable delivery capacity, and rigorous quality management, WeTouch has successfully obtained long-term supply status for Siemens' HMI high-end series in Germany. This recognition confirms that WeTouch's technology and quality standards have passed the most demanding certifications in the global industrial automation sector, positioning the Company as a key partner within Siemens' supply chain.
Industrial PLC: Accelerating Growth in Southeast Asia
Programmable Logic Controllers (PLC) are considered the "brains" of smart factories, ensuring precise control and seamless automation across production processes. WeTouch has also secured a major PLC-related touchscreen project with Siemens, which is expected to be rolled out primarily in Southeast Asia. This win highlights the Company's competitive strengths in PLC projects and will further accelerate its expansion in the Asia-Pacific region.
CEO Statement
"We are honored to be selected by Siemens for its industrial HMI and PLC high-end supply systems, which is another strong validation of WeTouch's comprehensive capabilities," said Mr. Zongyi Lien, CEO of WeTouch. "We remain committed to delivering one-stop touch solutions characterized by high reliability, high customization, and premium quality, while driving the future of human-machine interaction worldwide."
Future Outlook
With continued breakthroughs in Europe, North America, and Southeast Asia, WeTouch is steadily building a more resilient global footprint. The Company will continue to advance "Made in China" innovation and, together with global partners such as Siemens, shape the high-end future of the touch display industry.
About WeTouch Technology Inc.:
WeTouch Technology Inc. is a leading provider of high-quality touch display solutions, committed to revolutionizing human-machine interaction across various industries. With a focus on innovation and customer satisfaction, WeTouch delivers cutting-edge technology and unmatched performance in touch display solutions worldwide.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook," "objective" and similar terms. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and which are beyond Wetouch's control, which may cause Wetouch's actual results, performance or achievements (including the RMB/USD value of its anticipated benefit to Wetouch as described herein) to differ materially and in an adverse manner from anticipated results contained or implied in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Wetouch's filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. Wetouch does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
Investor and Media Contact:
Email: JBHUANG1975@163.com
SOURCE: Wetouch Technology Inc.
View the original press release on ACCESS Newswire
FAQ
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