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| | Business Wire: Hitachi to Establish Room Air-conditioner Produ... @ HighBeam Research (Site not responding. Last check: 2007-10-21) |
 | | The new company is being established as a future global manufacturing base, and will be set up as a wholly owned Hitachi subsidiary, with Hitachi, Ltd. putting up 90% of the capital and Hitachi (China), Ltd. 10%. |
 | | When the new company comes on line, combined annual production capacity will rise to 7 million units, and will be used to meet increasing demand and to expand Hitachi's market share. |
 | | Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's leading global electronics companies, with fiscal 2000 (ended March 31, 2001) consolidated sales of 8,417 billion yen ($67.9 billion(1)). |
| www.highbeam.com /library/doc0.asp?DOCID=1G1:77430524&refid=ip_encyclopedia_hf (486 words) |
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