Hitachi sets $12b target for revenue from mainland
(South China Morning Post)
Updated: 2007-07-30 13:53
Updated: 2007-07-30 13:53
Hitachi is also aiming for top market share in the mainland for advanced materials and components used in semiconductors, information technology hardware such as personal computers and digital consumer electronics products.
The group is already one of the world's leading hard disk drive manufacturers, second worldwide to market leader Seagate Technologies.
A US$500 million investment has been committed to build up Hitachi Global Storage Technologies' complex inside the Futian Free Trade Zone in Shenzhen. The site will eventually manufacture 50 per cent of Hitachi's total hard disk drive output worldwide.
Hitachi also supplies liquid crystal displays used in televisions, mobile phones and PC monitors produced by manufacturers in the mainland and it supplies semiconductor components and materials at joint ventures with NEC Corp and Mitsubishi Electric Corp in the mainland.
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