Business
Quantum eMotion Appoints Semiconductor Industry Veteran to the Position of Vice President Business Development
Montreal, Quebec--(Newsfile Corp. - November 30, 2022) -  Quantum eMotion Corp. (TSXV: ...
About this update from Quantum Emotion Corp.
[{"type":"text","content":"Quantum eMotion Appoints Semiconductor Industry Veteran to the Position of Vice President Business DevelopmentMontreal, Quebec--(Newsfile Corp. - November 30, 2022) -  Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q) (\"QeM\" or the \"Company\") is pleased to announce that Paul Arsenault has joined the Company as Vice President Business Development and will be based in Taiwan.A seasoned entrepreneur minded executive actively involved in the OLED Display sector, Semiconductor industry and Venture Capital for 25+ years. He has managed and grown numerous technology companies through investment and strategic partnerships with many semiconductor and consumer electronics companies.Arsenault has been doing business in Asia since 1996 and has dealt with many players such as Taiwan Semiconductor (TSMC), Vanguard Semiconductor, SAMSUNG, LG Electronics, FoxConn.\"We are very pleased to welcome Paul onboard\" commented Francis Bellido CEO of QeM. \"His expertise around chip design and his considerable network will be invaluable as we move forward with our technology deployment strategy.\" Paul will explore new business opportunities and help accelerate our miniaturizing development program for QeM's next generation Quantum RNG chipset.\" Bellido added.Paul Arsenault commented: \"QRNG technology is intended to drastically improve the quality of encryption that safeguards the security and privacy of electronic communications and digital assets. I am very excited to join QeM as I believe its QNRG technology, based on electron quantum tunneling, could become a game changer in the Cybersecurity industry.\"Arsenault was most recently IGNIS China CEO, a Fabless OLED IP and driver chip company. Arsenault was an early investor in IGNIS Innovation Inc. (Waterloo, Ontario) and in 2010 moved to Taiwan as CEO to accelerate investments, the chip and business development. IGNIS licensed its OLED technology to LG Display (in 2016) as well as other large electronics companies.Throughout his career, Arsenault invested in and successfully managed the M&A process and business development for multiple companies including Cambridge Display Technology [CDT, UK]. CDT, a pioneer and leading OLED material player was successfully sold in 2007 to Sumitomo Chemical [Japan]. Others included Motorola Canada, as Vice President Business Development...