Fu Yu Corporation Limited (SG:F13) has released an update.
Singapore’s Fu Yu Corporation is set to power the expansion of kids-tech innovator myFirst, aiming to boost its retail presence from 4,000 to 20,000 locations, including major North American retailers like Walmart, Costco, and Best Buy. The move comes on the heels of myFirst’s successful funding round and seeks to cater to the increasing need for child-safe social media solutions. As myFirst’s exclusive contract manufacturer, Fu Yu will employ advanced manufacturing technologies in its Smart Factory to meet the scaling demands.
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