Innovation is central to Falken Industries product development strategy. Its approach to product pipeline development combines the proprietary and beyond conception, the strategic outsourcing of developmental work to key joint ventures or affiliates, which will enable it to utilize the best existing expertise/technologies to create new product concepts.
In order to maximize commercial benefits arising from the innovative advantages inherent in its product conceptions, Falken has since 1997, invested in strong intellectual property for all of its product candidates. This long term strategy as witnessed by the last few quarters is starting to pay off nicely.
Its current product pipeline, relationships and global network is the envy of its competitors.
A key factor for Falken is its successful ability to develop and nurture partnerships, licensing and collaboration. Falken’s strategy is to utilize its unique oft’ patented technology platforms to offer innovative and profitable licensing opportunities to selected companies with significant market potential as partners. Falken’s technology and know-how can enable partners to create new products and/or prolong current patented products. Falken also encourage inquiries from potential new investors and collaboration with other companies and academia. The company will even consider an acquisition or minority investment.
The Company’s current focus is based on the significance of unmet needs and the time-to-market process for its product conceptions in selected market segments. Falken primarily offer solutions for the vehicular after-market industry, the best known of which are the Clean Plus® branded products, but its technology, has produced product conceptions for professional and industrial use which have met with great success, and otherwise which can be explored for niche markets and for technical-use product categories such as its anti-microbial, bactericide, lipo-protective, hypoallergenic, hand and body wipes which have gained strong global recognition, notably in emergency relief and military applications.
Falken Industries uses its own capacity to perform early and late-stage quantifiable development. The manufacturing, marketing and sales of products however are outsourced, almost exclusively through joint-ventures, affiliates or contract licensees.
In summary, Falken Industries whose stock is traded under the symbol FLKI is actively supporting earlier stage corporate research collaborations where the combination of technologies, resources, and expertise can advance product candidates more effectively.
Falken Industries Ltd OTC : FLKI is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards.
Author Resource:-
John David is one of the nation's most respected expert analysts on the Automobile After-Market Industry. He holds appointments as a covering analyst with some of the world's largest players. He also conducts a private practice as a consultant in capital raises, mergers and acquisitions for small to medium size manufacturers in the consumer, professional and industrial chemical, wipe, wet wipe and car and vehicular care industries.
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