TOP 4 ELECTRONICS FDI NEWS OF APRIL 2020

Posted On : May 09, 2020/Electronics

The top four global news April 2020: The worldÂ’s leading electronic firm Sony Corporation announced that its wholly-owned subsidiary Sony Corporation of America (SCA), has entered into a definitive agreement with Bilibili Inc, a leading online entertainment platform for young generations in China. As per agreement SCA has subscribed a 4.98% of the total outstanding shares of Bilibili for approximately $400 million, The smart life and technology provider Hitachi, Ltd. announced that its subsidiary Taiwan Hitachi Asia Pacific Co., Ltd. has agreed to establish a joint venture company for the manufacturing and sales of cells used in regenerative medicine, in partnership with MetaTech (AP) Inc., which provides technologies and activities in the regenerative medicine field in Taiwan, The leading electrical product manufacturer E C M Industries, announce that it acquires electrical connector manufacturer ILSCO, headquartered in Cincinnati, the USA. After this deal ILSCO will become a part of ECM Industries which consists of leading brands Gardner Bender, Sperry Instruments, King Innovation and Bergen Industries and The leading defense technology provider Elbit Systems Ltd. has announced that it was awarded a contract of approximately $103mn to supply comprehensive Electronic Warfare (EW) suites for an Asian country. The EW suites will be used by the Air Force of that country.

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