QuickLogic Signs Agreement with Magenta to Expand Distribution Network to Turkiye and UAE
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QuickLogic Corporation has signed a distribution agreement with Magenta Technology Limited to expand its distribution network to Turkey and the UAE.
January 14, 2025 | 12:45 pm
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QuickLogic Corporation has entered into a distribution agreement with Magenta Technology to expand its market reach to Turkey and the UAE, potentially increasing its sales and market presence in these regions.
The agreement with Magenta Technology allows QuickLogic to access new markets in Turkey and the UAE, which could lead to increased sales and revenue. This expansion is likely to positively impact QuickLogic's stock price in the short term as it opens up new growth opportunities.
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