Mitsubishi Outlander 2015 - тест-драйв Мицубиси Аутлендер
Mitsubishi Electric, FAW unit to set up China car multimedia JV.
Mitsubishi Electric conducts tests in an anechoic chamber its electromagnetic Photo Mitsubishi Electric.
Mitsubishi Electric Corporation said it plans to expand its Chinese car multimedia activities by creating a joint venture with Qiming Information Technology Co., a subsidiary of automaker FAW.
The two companies, who have worked together since 2004, have agreed to set up Changchun Qiming Lingdian Automotive Electronics Co. in Changchun, Jilin Province in August The company, which is expected to start its operations in January 2012, will develop, manufacture and sell car multimedia products in China.
The new company is expected to employ about 400 people by 2016.
It is the second announcement in four months signaling that Mitsubishi Electric aims to play a greater role of Japan as an electronics supplier to the Chinese automotive industry The company, a leading manufacturer of electrical and electronic components and equipment, announced in March that it established a new Chinese unit, Mitsubishi Electric Automotive China.
The joint venture with Qiming announced this month will allow Mitsubishi Electric to expand its automotive business, particularly in China, where it expects demand for multimedia equipment drive to seek increased economic prosperity.
Qiming Information Technology Co. hold 51 per cent of the joint venture, while Mitsubishi Electric has a 33 pc Mitsubishi Electric China will have a 10 pc and Koshida Corp will own 6 pc.
In March, Mitsubishi Electric Automotive China said the establishment of its subsidiary in Changshu, Jiangsu Province, would help increase sales of automotive equipment in the largest automotive market in the world.
The Chinese unit, which should start operating in April next year, should help boost sales Mitsubishi Electric Automotive 50 billion yen per year by 2016, the ocmpany said.
Mitsubishi Electric Automotive China manufacture and sell electricity power steering equipment, automotive multimedia products and other automotive equipment in China, with a staff of 500 employees in place by March 2016.
Mitsubishi Electric unit FAW to set up China car multimedia JV International automotiveIT, Mitsubishi Electric, camera.