Japan, May 8 -- Sumitomo Corporation has entered into a strategic partnership with Bolttech Holdings Limited (hereinafter "bolttech"), a Singapore-headquartered global insurtech company operating in 37 markets worldwide, with a strong presence across Asia.As the first initiative under this partnership, Sumitomo Corporation and bolttech plan to establish a joint venture in the first half of fiscal 2025 and will launch a new service in Southeast Asia. This service will combine bolttech's customer base with Sumitomo Corporation's expertise in device resale to offer services such as installment-based device sales and upgrade programs to new models.Looking ahead, the joint venture plans to expand its device distribution operations across Asia, a...