Business Services Industry
Hitachi Announces Business Strategy Aimed at Supply Chain in China
JCNN News Summaries - Japan Corporate News Network, Oct 14, 2004 by Dale Hug
Hitachi, Ltd. (NYSE:HIT; TSE:6501) has announced a new business strategy for China with the aim of achieving a high, double-digit annual growth rate heading into fiscal 2006, ending March 31, 2007.
The new strategy focuses on nine target businesses in the Chinese market: power and industrial equipment systems, building systems, transportation systems, information and telecommunication systems, medical systems, consumer electronics, construction and resource development systems, automotive systems and materials, and components and materials for information electronics and digital consumer electronics.
Hitachi will stage exhibitions in three Chinese cities, Beijing, Shanghai and Guangzhou, from October to November this year under the banner "Hitachi Exhibition-China 2004." These exhibitions will showcase how Hitachi's collective strengths can support the development of cities in China and the country's future.
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