# Qingdao Starwin and Hyundai MOVEX form joint venture for smart logistics

Qingdao Starwin Intelligent Equipment, a subsidiary of Doublestar, signed a joint venture agreement with Hyundai MOVEX to develop smart logistics for tire, cold chain, and medical industries in China.

- Type: Partnership
- Announced: 2018-06-21
- Where: Qingdao, Shandong, China
- Status: announced
- Products: smart logistics systems, automated storage and retrieval systems, AGVs, RGV systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Qingdao Doublestar](https://endata.com/companies/32712.md)
- [Hyundai Movex](https://endata.com/companies/13752.md) (partner)

## Sources

- [news.qingdaonews.com](https://news.qingdaonews.com/wap/2018-06/22/content_20166741.htm), 2018-06-22: "双方将共同出资成立合资公司，大力发展轮胎、冷链、医疗等行业的智能物流业务"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.