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Mitsubishi Electric opens Factory Automation centres in Italy and South Africa
2016-04-01 13:46:37| Electronics - Topix.net
Mitsubishi Electric Europe has opened a Factory Automation centre in Italy and an FA satellite centre in South Africa, to provide automation product services to Southern Europe and Africa, beginning operations April 1, 2016. Hartmut Putz, president, Mitsubishi Electric Factory Automation European Business Group, said the production of electric machinery is thriving in Italy, and it foresees increasing demand for product support services in the automation sector.
Tags: south
italy
africa
electric
Mitsubishi Electric Establishes Factory Automation Centers In Italy And South Africa
2016-03-31 07:58:15| plantautomation News Articles
Mitsubishi Electric Corporationannounced recently the establishment of two factory automation (“FA”) centers, the Italy FA Center in Milan, Italy, and the South Africa FA Center Satellite in Johannesburg, South Africa
Tags: south
italy
africa
electric
Mitsubishi unit adapts military tech for self-driving cars
2016-03-30 23:19:02| Electronics - Topix.net
Mitsubishi Electric Corp., a supplier of air-to-air missiles to Japan's armed forces, is adapting technologies it originally developed for military use to help self-driving cars detect obstacles and avoid collisions. Components such as millimeter-wave radars, sonars, sensors and cameras -- some of which were developed to guide missiles -- are being adapted for use in self-driving vehicles that will hit the roads by 2020, Katsumi Adachi, senior chief engineer at Mitsubishi's automotive equipment division, said in an interview.
Trading giant Mitsubishi projects first net loss since founding
2016-03-24 14:19:41| Grocery - Topix.net
Mitsubishi Corp., the nation's largest trading house, expects a net loss of A 150 billion in fiscal 2015 - its first loss since it was established in 1954 and a setback from the A 400.5 billion in net income logged the previous year. The Tokyo-based trader also expects to book an impairment charge of A 430 billion on its commodities business for the 12 months ending March 31, according to a regulatory statement.
Tags: net
loss
projects
trading
Zacks Investment Research Lowers Mitsubishi UFJ Financial Group Inc (MTU) to Sell
2016-03-21 22:55:33| Grocery - Topix.net
According to Zacks, "Mitsubishi UFJ's profits attributable to owners of parent for fiscal nine months decreased year over year. Increase in general and administrative expenses and decreased gross profits were recorded.
Tags: group
research
sell
financial
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