Hitachi, Shanghai Highly to make starter motors

Newswire

TOKYO, Oct 30 (Reuters) - Japan's Hitachi Ltd and Chinese compressor maker Shanghai Highly (Group) Co Ltd said on Thursday they would set up a joint venture in China to produce starter motors for automobiles. Hitachi Highly Automotive Products (Shanghai) Ltd will be owned 67 percent by Hitachi, Japan's biggest industrial electronics maker, and 35 percent by Shanghai Highly, which makes compressors for refrigerators and air conditioners. The venture, to be established in December in ...

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