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TietoEVRY

TietoEVRY: One of the Leading Digital Services and Software Company.

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TietoEVRY Oyj aka Tieto is a Finland-based IT and software service company with its headquarters in Helsinki, Finland. The company is over fifty years old, having a company named EVRY added to it in 2019 with a EUR 1.2 Bn deal, hence becoming TietoEVRY. TietoEVRY is a conglomerate and provides services in the field of healthcare, industrial and consumer services, finance, etc. According to the company, it creates a digital advantage for businesses and society.

About The TietoEVRY

TietoEVRY has a history of over 50 years, and with multiple acquisitions, it has reached heights of success. The company is not only a leading software service provider in its home country but has expanded to over 20 other countries on all the continents. Finland, Norway and Sweden are the main markets where TietoEVRY is doing its business. Except that, it has established its offices in Germany, Denmark, Great Britain, Netherlands, Malaysia, India, China, and Poland, etc. Being a software company, it offers services to the banking industry, the insurance industry, telecom industry, automotive, media as well as the healthcare industry.
TietoEVRY trades on NASDAQ OMX Helsinki and Stockholm and has employed over 24000 people globally. As of 2020, the company made revenues worth €2.786 billion.

TietoEVRY
Image source: jobsnet.in

The Back Story

TietoEVRY started its operations as an IT systems development and maintenance company in 1968 in n Espoo, Finland, and went by the name Tietotehdas Oy. The company worked as the provider of computer services and software for the mainframe computers, Union Bank of Finland is one of its first customers. The company despite being a newbie started to grow at a rapid rate in its beginning years. The arrival of minicomputers helped the company grow to a great extent. In the late 70s and early 80s, the company added many customers from different industries.
The decade of the 90s was when TietoEVRY started to make acquisitions and was involved in multiple mergers and partnerships, resulting in even faster growth. In the mid of 90s, TietoEVRY had a name change to TT Tieto, and later in 1998, the company name was again changed to Tieto. This was the same time when the company also started to try new things and entered the Telecom business by acquiring Avancer.

The Growth Years

In 1999, Tieto merged its operations with the Swedish Enator corporation and formed TietoEnator. The partnership went on for about ten years, and in 2008, through a restructuring process, the company became Tieto Corporation, establishing its headquarters in Helsinki. With the all-new revamping of the company, it started to expand overseas, too.
In 2015, Tieto made some of the major acquisitions, to expand its business in the field of digital Customer Experience Management and to support, including Smilehous, one of the biggest Finnish consultants and service providers, Imano AB, and Software Innovation. These acquisitions have helped the company to grow in the field of digital Customer Experience Management, consulting, and digitalization services in paper and forestry industries as well as enterprise content management. In 2019, the company merged the operations of another IT company named Evry and formed TietoEVRY, the current trading name for the company.
DaWinci is one of the most popular management software from TietoEVRY, used by big-name companies from various industries for planning, transportation management, personnel logistics, asset management and reporting, etc. The company serves its customers from the field of banking, insurance, telecom, automotive and media, healthcare, forest, manufacturing, retail, and logistics, public; ICT operation management, etc. Tieto Norway AS (Norway) and Tieto Sweden AB (Sweden) are the major subsidieary of the TietoEVRY.

The CEO at TietoEVRY

Kimmo Alkio is the current CEO and the President of TietoEVRY. He is a native of Finland and was born on 25 October 1963 in Helsinki, Finland. He has got a bachelor’s degree in business from Texas A&M University, USA, and an Executive MBA degree from the Helsinki University of Technology, Finland.
Alkio is a renowned Finnish businessman. He is also a former professional Tennis Player and has won doubles titles in Helsinki in the period between 1981 to 1987. In his corporate career, Alkio has worked at companies like Nokia, F-Secure Corporation, Digital Equipment Corporation, and Compaq Computer in various management positions. Alkio joined TietoEVRY in 2011 as the CEO and the President.

Total System Services

Total System Services – A Leading Provider of Payment Processing Solutions Since 1983.

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Born in 1983, Total System Services (TSYS) primarily provides payment processing services to financial companies and retailers across the globe. TSYS is the provider of secure and innovative payment solutions to clients spread over 80 different countries. The company has around 200 active clients and the company strives to unleash every related payment possibility for them and their business. TSYS is headquartered in Columbus, Georgia, and operates with approximately 12,800 employees. The parent company of TSYS is Global Payments which is a relatively young company. TSYS is running under the leadership of M. Troy Woods since 2014.

The Founding Story of Total System Services

The story of every successful company begins with finding a solution to a problem faced in daily life. If a person is vigilant enough to understand the pain points of commoners, one will get multiple business ideas to eradicate these problems. Something similar happened almost 133 years ago that led to the foundation of TSYS. One of the biggest foundational strengths of TSYS is that it always puts the needs of people first and finds various ways to solve their problems.

Total System Services
Image source: www.tsys.com

The history of TSYS traces back to the events of 1888 when a manager of a textile mill saw that his employees didn’t have a safe place to save their money. This got him thinking about how he could solve the problem for one of his employees and ended up building her a bank which became a striking trailblazer. This was a very innovative solution and in 1959 this bank operated as a part of Columbus Bank and Trust. In 1974, it started processing one of Georgia’s first credit cards for other banks. The company eventually emerged as Total System Services Inc in 1983 and became a public company.

Partnerships and Acquisitions

In 1983, after TSYS became a publicly-traded company it started making many acquisitions and expanding its presence. The company after filing its first IPO still operated under Columbus Bank and Trust (now known as Synovus) and was finally spun off in 2007. In the meantime, TSYS acquired a company called Clarity Payment Solutions in 2004 for $53 million. TSYS also signed a partnership with Visa Inc which was back in 1995 to merge its merchant processing services with those of Visa. In 2004, TSYS also started processing credit cards issued by JPMC, another well-known American investment bank.

In the last ten years, the company made a handful of acquisitions starting from acquiring a 51 percent stake in the merchant acquisition business of First National Bank of Omaha. After the acquisition, the business was renamed TSYS Merchant Solutions and the company acquired the rest 49 percent in 2011. The company acquired another business called TermNet in 2011. In 2012, the company entered into a joint partnership with Central Payment Co. LLC. In the same year, the company also acquired ProPay, a Utah-based company. TSYS made a big acquisition in July 2013 as it acquired Netspend for $1.4 billion. Some of the other companies that TSYS acquired in recent years are TransFit, Cayan, and iMobile3. In 2019, TSYS came under the acquisition of Global Payments, an American company providing financial technology services.

About Global Payments

Born in 2000, Global Payments is a leading financial service provider based in Atlanta. Jefferey. Sloan is the CEO of the company and M. Troy Woods (CEO of TSYS) is the Chairman of the Boards. The stock of Global Payments is a component of the S & P 500 stock market index as is publicly traded in the NYSE as GPN. Global Payments is also a Fortune 1000 company and its biggest market is in North America followed by Europe and Asia-Pacific. Global Payments have made plenty of acquisitions since 2000 but the merger with TSYS is the biggest acquisition in its history till now. In May 2019, Global Payments announced the merger with TSYS for $21.5 billion.

M. Troy Woods – CEO of Total System Services

M. Troy Woods is the CEO and President of TSYS who has significantly contributed to the company’s diversification strategies. Woods completed his undergraduate degree from Columbus State University and he also went to several banking schools including The Wharton School. Woods was a part of the Columbus Bank and Trust from 1970 to 1977 and again rejoined TSYS in 1987. Under the leadership of Woods, TSYS has become more of a people-centric company with a belief that payment should revolve around people and not the other way around.

SMIC

SMIC – The Largest Semiconductor Foundry Company in Mainland China.

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SMIC is famous as a leading semiconductor foundry company across the globe for its advanced technology and comprehensive semiconductor manufacturing services. SMIC was born in 2000 in the Cayman Islands and is currently headquartered at Shanghai, China. Richard Chang Ru-gin is the founder of the company and Haijun Zhao is the latest CEO. SMIC Group primarily focuses on providing integrated circuit (IC) foundry and technology services related to it on a specific range of process nodes (350 nm to 14 nm). SMIC is well known in international markets including Europe, Japan, Taiwan, and the US.

Founding History of SMIC

SMIC was founded out of strong desires of Richard Chang to invest in the Chinese market as he believed that a booming economy will reestablish harmony in the nation. Twenty years ago, the semiconductor industry in mainland China wasn’t superior in the market and didn’t have any international standards. Before Richard established SMIC, his main target was to make mainland China a superpower which advanced tech in manufacturing semiconductors so that it can match up to the nations who are leading in it.

SMIC
Image source: www.mobileworldlive.com

Richard had big plans for his nation and this zeal drove him to finally establish SMIC in 2001 at Shanghai’s High-tech Zhangjiang Park located in Pudong New Area. SMIC became the first successful leading company from mainland China in the semiconductor industry to expand its market even in international grounds. And with the contributions made by Richard Chang he is known as the “father of the Chinese semiconductors.”

Uncertain Times

Initially, when company was established it became a limited liability company in the Cayman Islands. SMIC operated in a way that it was not responsible for the capital costs and the municipal government took care of it. When the company was eventually growing in the Chinese market, the Taiwanese were threatened by a potential emerging semiconductor superpower. They tried in several unethical ways to bring down the reputation of both SMIC and Richard Chang.

Only two years after founding the company, TSMC (world’s largest semiconductor foundry) filed a lawsuit against SMIC accusing it of obtaining TSMC’s trade secret and other infringement. But, Richard on the other hand worshipped the Chinese semiconductor sector and no matter what he wasn’t ready to give up. Chang’s determination is one of the reasons why China can compete with big nations like the US in the semiconductor market.

Growth and Expansion of SMIC

SMIC started making significant progress from the last decade starting with embarking on a joint venture in 2013. Next year, SilTech Shanghai, a wholly owned subsidiary of SMIC along with JCET, and China IC Fund signed a co-investment agreement for forming a consortium. This was formed for the proposed acquisition of a very valuable acquisition of STATS ChipPAC, a Singapore-based company. In 2015, SMIC entered into another joint venture with Huawei, Qualcomm, and IMEC International to form SMIC Advanced Technology Research & Development Corporation. SMIC built a very advanced R&D facility which aimed at designing China’s most advanced integrated circuit (IC). The partnership of company with other three companies mainly focused on developing 14 nm logic technology.

In 2016, company acquired 70% of the corporate capital of LFoundry S.r.l. €49 million. SMIC throughout the following years have focussed on establishing and maintaining strong relationships with other semiconductor corporations especially the ones based in China. The very idea behind founding SMIC was to strengthen China wholly as a superior semiconductor entity and it will continue if the companies remain united. In 2018, SMIC was investing 16 percent of sales in R&D and the company started building China’s first ever plant which aimed to use 14 nm production technology. Last year, China National Integrated Circuit Industry Investment Fund and the Shanghai Integrated Circuit Industry Investment Fund made an investment of $2 billion in the company as a part of the Made in China 2025 Program.

About Richard Chang Ru-gin

Richard Chang is a famous person who is single handedly responsible for uplifting the semiconductor industry in China. At a very young age, Richard moved from Shanghai to Taiwan and later went to the US and acquired his PhD in electrical engineering from Texas. In 1977, Richard joined Texas Instruments ton emrak on his chipmaker career and was involved in the operations of the company in several nations. After entering the chip industry, his one and only goal was to make China catch up with the rest of the world in terms of cutting edge tech. So, in 1997 he came back to Taiwan and a few years later he established SMIC and created an empire for mainland China to embrace forever.

Pegatron Corporation

Pegatron Corporation – A Taiwanese-Based Electronics Manufacturing Company Generating Revenue in Trillions.

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Pegatron is one of the leading Taiwanese companies in the sector of electronics manufacturing selling a wide range of products. The market of Pegatron is spread worldwide and currently its headquarters is based in Beitou District, Taipei, Taiwan. Pegatron Corporation was established fourteen years ago as a spin-off entity of AsusTek Computer Inc and today it has emerged as a very successful company. The company is under the leadership of T.H. Tung who is the Chairman of Pegatron.

Pegatron’s main products include notebooks, desktop computers, game consoles, netbook computers, motherboards, LCD TVs, etc. The company is also involved in the manufacturing of broadband communication products such as cable modems, set-top boxes, smartphones, etc. In recent years, the company has also started manufacturing smart home devices and wearable smart products as it is important for the companies to evolve with time and technology. Pegatron also invests significantly in research and development to offer high-end products to its customers.

History of Pegatron Corporation

Pegatron Corporation started off as an individual entity from 27th June 2007. This incident took place as AsusTek decided to go through a major restructuring of the company and was splitted into three individual corporations. The three corporations are namely, Asus, Pegatron Corporation, and Unihan Corporation. Among these three companies, Pegatron in particular focussed on oEM manufacturing of motherboards and components. But with time the goal and structure of Pegatron evolved as well. While the restructuring of operations started back in 2007, Asus finally spun off Pegatron on 1st June 2010. Since then Pegatron has strived to build its unique identity and a strong team.

Pegatron Corporation
Image source: behance.net

Apart from Taiwan, Pegatron has expanded its business to other nations as well including China, Czech Republic, Mexico, Japan, and the United States. The company started expanding very fast and thus more employees were hired. In 2010, the company was operating with approximately 97,000 employees which after ten years has turned to 172,000. After AsusTek split the parent company into three independent companies in 2007, the next year was followed by the acquisition of Unihan Corporation by Pegatron. Today, Unihan Corporation operates as the subsidiary of Pegatron and its acquisition helped the company to expand its product base.

Products and Services

Pegatron is the manufacturing of a wide variety of products ranging from personal computing to car electronics. In computer products, Pegatron is a manufacturer of personal computing, rugged computers, and servers. Rugged computers are mainly designed for its usage in extreme environmental conditions like protection from water, UV radiations, etc. Servers on the other hand are focused on building products for enterprise storage systems which includes high performance motherboards and RAID cards. As a part of products for consumer electronics, Pegatron manufactures tablets and game consoles. Pegatron also manufactures a wide range of communication products which includes smartphones, cable modems, Set-top box, and network switch. Pegatron offers the network equipment solutions especially for the large enterprises and datacenters such that it reduces the complexity and difficulty and improves efficiency of the network.

As mentioned earlier, Pegatron is actively participating in the area of car electronics and so far built Pegatron’s car entertainment system, vehicle telematics system, and advanced driver assistance system. Many companies are currently involved in manufacturing smart wearables that help in tracking health management functions. Pegatron is also investing to manufacture smart wearable technology carrying out multiple features including health monitoring. Some of the other smart electronics manufactured by Pegatron are IoT products, drones, robots, and virtual reality (VR). Apart from these electronics products, Pegatron also offers quality services for both hardware and software technologies across the world.

The Parent Company – AsusTek

AsusTek Computer Inc is one of the most admired computer brands across the globe. The company has created a strong brand presence both in its country and the international market. Founded in 1989, AsusTek is a Taiwanese company pioneering in the computer hardware and electronics industry. According to the statistics, Asus stands in the 5th position in terms of world’s largest PC vendors by unit sales in 2021. Asus is also in the list of Asia’s Top 10 IT companies. Asus is famous for its wide range of smartphones and laptops (especially gaming laptops).

T. H. Tung – Chairperson of Pegatron Corporation

T. H. Tung is a famous Taiwanese businessman and philanthropist. He is famous as the co-founder of Asus and currently playing his role as the Chairperson of Pegatron. Tung completed his education from National Taipei University of Technology and started his career with Acer Inc. He later quit his job to co-found Asus.

ON Semiconductor

ON Semiconductor – The Most Trustworthy Semiconductor Supplier.

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ON Semiconductor is one of the few semiconductor distributors in Fortune 500, but it has been relegated to Fortune 1000(512) in 2020, according to recent news. In North America, Europe, and the Asia-Pacific, ON Semiconductor operates a broad network of production facilities. They also operate sales and layout center communities. The headquarters of ON Semiconductors is in Phoenix, Arizona. It is a worldwide leader in semiconductor sales of $3,907 billion (2016).

The Establishment Of ON Semiconductor


In 1999, ON Semiconductor was founded. The company started out in the Semiconductor Components Group of Motorola as the byproduct. Motorola’s discreet, standard analog, and standard logical devices are still produced. The acquisition of Cherry Semiconductor by ON Semiconductors was completed in April 2000. ON Semiconductor acquired AMI Semiconductor in March 2008 at a cost of $915 million. The purchase of Catalyst Semiconductor Inc. by the ON Semiconductor Corporation for $115 million on July 17, 2008, has been announced by On Semiconductor Corporations, Inc. The purchase approval was announced on 9 October 2008 by Catalyst Semiconductor, Inc. The purchase was completed on 10th October 2008 by ON Semiconductor Corporation. ON Semiconductor completed its $17M purchase in November 2009. In July of 2014 (including the settlement of a grant offer for foundries and a permanent agreement whereby ON Semiconductors is a 10 percent partner of Fujitsu’s 8-inch wafer fabric in Aizu-Wakamatsu, Japan) ON Semiconductors and Fujitsu Semiconductor announced a Strategic Partnership. In April 2019, ON Semiconductors acquired the 300 mm manufacturing facility of GlobalFoundries in East Fishkill, New York.

ON Semiconductor
Image source: www.electronicsmedia.info


ON Semiconductors Products


In conjunction with digital signal processors, FM receivers, extension controllers, and modulators, ON Semiconductors supplies application-precision Standard Products (ASSP). In addition, they provide a wide range of Digital Signal Processor (DSP) hearing aid structures. The ON Semiconductors HCT CMOS logic family works with 2 to 6 V Vcc, and ESD safety over 3 company standards (HBM, MM, CDM). Inputs compatible with TTL are included in the HCT logic family. The limited portfolio of Fast Switch Technology (FST) switches comes from ON Semiconductor. The ON Semiconductor Bipolar Metal Gate Family has a Vcc-spectrum of 3 to 18 V, work temperature range between -55 to +125 C, and latch-up immunity greater than 500 mA. ON Semiconductor’s VHCT CMOS logic family runs at 2.0 to 5.5 V Vcc and shows delays in propagation of just 3.8 ns. TTL compatible inputs are available in the VHCT logic family. The ON Semiconductors ACT CMOS logic family has a power current of 24 mA and Vcc operates from 3.0 to 5.5 V. The TTL-compatible inputs in the ACT logic family. ON Semiconductor’s AC CMOS logical family has a powerful cutting-edge of 24 mA and Vcc range of 3.0 to 5.5 V. ON Semiconductors supplies a number of 1-gate and 2-gate MiniGate standard logic devices, in superior micro-packages.


Hassane El-Khoury, The CEO


Hassane El-Khoury was appointed as ON Semiconductor and Semiconductor Components Industries, LLC’s president and chief executive officer in December 2020. In the meantime, El-Khoury was President, Chief Executive Officer, and a member of Cypress Semiconductor’s Board of Directors until it was sold to Infineon in April 2020, before becoming an officer of ON Semiconductor.
For 13 years at Cypress, he played numerous roles in the control of business units, product improvement, program engineering, and business improvement. Mr. El-Khoury began his profession as a senior design engineer at Continental Automotive Systems. After moving to the United States from Lebanon, El-Khoury graduated from Lawrence Technological University with a bachelor’s degree and a master’s degree in engineering from Oakland University. He was awarded a Silicon Valley 40 under the age of 40 in 2018 and is now a member of the KeraCel board.


Sherman Fairchild Arthur Rock, The Founder


Rock was born in Rochester, New York, in a Jewish family. He was an only child and his father owned a small sweet keep wherein Rock labored as a youth. He graduated from the University of Syracuse in 1948 with a B.A. from Harvard Business School and received his MA in Business Management in 1951.
Based out of Silicon Valley, California, he was an early investor in most important companies which include Intel, Apple Computer, Scientific Data Systems, and Teledyne. He joined the United States Army all through World World War II however the battle ended earlier than he was deployed. He then went to university at the G.I. Bill. Rock commenced his profession in 1951 as a securities analyst in New York City, after which joined the company finance branch of Hayden, Stone & Company in New York, wherein he centered on raising cash for small high-technology companies.

seiko epson corporation

Seiko Epson Corporation – Japanese Electronics Company used to Manufacture Computer Equipment.

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Seiko Epson Corporation is simply known as Epson. It is a Japanese electronics company used to manufacture computer printers, information, and imaging-related equipment all around the globe. Its headquarters are located in Suwa, Nagano, Japan.

The company has branches and subsidiaries worldwide. It also manufactures inkjets, dot-matrix and laser printers, scanners, desktop computers, businesses, multimedia, and home theatre projectors, major home-theater televisions, robots, and industrial automation equipment, cash and sales-docket printers, laptops, and integrated circuits. It falls under one of the three core companies owned by the Seiko Group which is traditionally known for designing Seiko timepieces since its foundation.

A Brief History of Seiko Epson Corporation

Ever since its inception, Seiko Epson has embedded its traditional strengths into a manufacturing company and expanded its growth further. Epson owes its rapid progress to refining the company’s super-microprocessing and precision processing technologies in the development of watches and then further expanding those technologies into other aspects. The company’s breakthrough was introduced with the launch of the EP-101(Electronic Printer). The EP-101 is a popular and astounding product that led to the establishment of new markets. This company was founded in 1975 with the goal of sending future “sons” of the EP-101 into the modernized world. Ever since the establishment of Epson, high-quality, high-value “sons” have been brought into this world in large numbers.

Seiko Epson Corporation
Image Source: bisinfotech.com

Products And Services

Seiko Epson Corporation manufactures and offers merchandise that lessens the effect on the environment. Epson has continually been fascinated as a manufacturer in what it may do to gain a sustainable company, running for decades to grow the energy performance of its efficient approaches and products, to enhance the performance of assets, and to get rid of dangerous substances.
Epson sells products that change the manner clients operate. This reduces the environmental effect and concurrently will increase the company’s operating performance and productivity. This merchandise assists to lessen the environmental effect of people.
The WF-C21000 is a high-pace multipurpose inkjet that may be print at speeds up to 100 ppm at integrated PrecisionCore lines (pages per minute). That’s a standard workplace laser printer output two times as much. The aggregate of print performance and energy efficiency is the following level in high-pace inkjet multipurpose printers (MFPs) powered with the aid of using Epson inkjet technologies. Inkjet printers from Epse use little or no electricity while printing due to the fact piezoelectric elements are ejected while only a small voltage is utilized by the ink droplets. On the opposite hand, laser printers require warmth – and plenty of power – to fuse toner to the paper. The PrecisionCore heat-free technology function of WorkForce Enterprise printers prevents warmth from getting used throughout the printing process. This reduces their running fees by using a good deal much less electricity than laser printers.
The digital textile inkjet printers from Epson are increasing layout possibilities in contrast to conventional tactics with decreased intake of energy, water, substances, and time. Digital information prints from a PC without delay from SureColor SC-F2100 on T-shirts and different clothing. The pictures may be reproduced not only with easy gradations and in complete color, however additionally with unnecessary monitors and plates. The SureColor SC-F2100 speeds up the procedure of printing.
Epson’s smart binocular headsets decorate operation performance and work nice by displaying digital manuals and imaginative and prescient instructions, allowing employees to finish tasks with both hands.

seiko epson corporation
Image Source: imagingsolution.in

Future Goals of Epson

Epson targets for decarbonization and closure of the useful resource loop, the improvement of environmental technologies, and the availability of environmental impact reduction services and products for consumers. In order to facilitate the transition to a decarbonized future as furnished for in the Paris Agreement, Epson combats climate change with reductions to greenhouse fuel line emissions in production and throughout its cost chain. By growing energy-saving merchandise and inkjet technology, Epson additionally contributes to society.

Yasunori Ogawa, The CEO

Mr. Yasunori Ogawa is the President and Representative Director of Seiko Epson Corp., as well as the CEO of EPSON X Investment Corp. He is a member of the Seiko Epson Corp. Board of Directors. He graduated from Tohoku University. He was appointed as the President in March 2020 before which he acted as Managing Executive Officer.

Kintaro Hattori, The Founder


Kintar Hattori became the founding father of Seiko, one of the world’s biggest watch manufacturers, and one of the first and most vital Japanese watchmakers in history. Kintar Hattori was born in 1860 in Uneme-Cho Kybashi, Tokyo, to a well-set-up merchant family. He turned into a pivotal figure withinside the improvement of Japan’s watchmaking industry. In 1892, he founded the primary watchmaking manufacturing unit in Japan, called “Seikosha.” Kintar Hattori additionally based the watch and jewelry store “K. Hattori” (Hattori Tokeiten in Japanese) in the Ginza district of Tokyo, Japan, that is now called Seiko Holdings Corporation and is known globally as Seiko.