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Mitsubishi Electric to set up AC, compressor manufacturing facility in Tamil Nadu
The government of Tamil Nadu and Mitsubishi Electric Corporation signed a memorandum of understanding (MoU) to build an air conditioner (AC) and compressor manufacturing plant in India. The 52-acre site will be set up in Thiruvallur District, Tamil Nadu.Read more
Showa Denko to acquire assets, concerning power devices SiC
Showa Denko ("SDK"; TSE:4004) has decided to acquire assets concerning sublimation-recrystallisation method to manufacture silicon carbide (SiC) wafers from Nippon Steel & Sumitomo Metal Corporation (NSSMC) and Nippon Steel & Sumikin Materials Co., Ltd. (NSMAT) by around the end of January 2018.Read more
