Tyco International Robust Fire and Security Market

On February 23, 2012, as Tyco-International's pillar industry, TycoFire & Security announced a strategic joint venture with China Reliance to jointly capture the Chinese fire safety market. Share.

"The cooperation with Quasi-trust companies will help Tyco to gain more opportunities in expanding its business scope, customer groups and contracting services," said George Oliver, president of Tyco Fire & Security. "This joint venture proves Tyco to China." The close attention and investment of the market, and the positive effect it generates, make Tyco's business in China even more powerful and become the customer's choice. Cooperation has a positive meaning for both parties.”

Mr. Zhu Jincheng, President of Tyco Security Asia Pacific and President of Tyco China believes that the joint venture with Quintrust will help Tyco to further advance its business in China. He said: "Undoubtedly, this joint venture will provide Tyco with a broader perspective, bring more innovation possibilities, and at the same time drive Tyco's business in China to maintain more rapid growth and growth." When a reporter asked , Tyco Fire Security will still have other investment and joint venture intention. Zhu Jincheng stated that “with suitable opportunities, Tyco will also continue to invest in the field of fire protection and security, especially in terms of technological innovation, to promote the future development of the fire and security industry.”

According to industry insiders, as China's fire protection and security market continues to mature, there will be more international security giants to seize the Chinese market. This is both a challenge and an opportunity for domestic companies.