INTERVIEW-UPDATE 1-Koito to build new factory in China

Newswire

* Koito to spend up to $60 mln for new China plant * May resume construction of plant in Thailand * Shares drop 3.5 pct after interview, vs Nikkei 2 pct fall (Adds more president comments, background) By Nobuhiro Kubo and Kentaro Sugiyama TOKYO, Sept 30 (Reuters) - Japan's Koito Manufacturing plans to spend up to $60 million on a new factory in China as demand grows in the world's largest car market, its chief executive said on Thursday. Masahiro Otake, president of the world's ...

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