JVM Co Ltd, a global leader in pharmacy automation solutions, recently registered a wholly-owned automation equipment subsidiary in SIP. This move is expected to infuse new vitality into SIP’s high-end equipment manufacturing sector and set a significant bridge for deeper collaboration between Chinese and South Korean enterprises.

Founded in 1977 and headquartered in Daegu, South Korea, JVM is the world’s first publicly listed company dedicated to R&D and production of automated pharmacy equipment. It holds the top market share in South Korea, North America and Europe, solidifying its position as a global leading automation equipment supplier for hospitals and drugstores.

The new subsidiary has completed its business registration and is progressing with the application for permit for workplace decoration, which is scheduled to complete in April 2026. It will leverage JVM’s world-class R&D and manufacturing expertise to localize the production of automated drug packaging equipment.

January 13, 2026