NEC CORPORATION in Automotive Relay
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64 Buyers Negotiating
Summary
The company is specialized in manufacturing twin relay which is used for motors and solenoid reversible control. NEC has a strong focus on R&D activities and has invested 4.38% of total revenue in the same in the year 2016. The vehicle segment catered are passenger cars and commercial vehicles, the company can expand their product breadth by entering into off-highway, and electric vehicles. The company serves major clients such as Honda (Japan, Mazda (Japan), Nissan (Japan) and Toyota (Japan).
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NEC CORPORATION Presence in
Automotive Relay
The company has a wide geographic base with 217 subsidiaries across 115 countries with a presence in developed as well as emerging countries. KEMET Corporation is planning to purchase 61% interest in NEC Tokin from NEC Corporation and will make NEC Tokin as its wholly owned subsidiary. The new company formed to be named as “Tokin Corporation.” KEMET manufactures various electronic components which include automotive relays. Hence, this acquisition will help in the development of Tokin Corporation’s automotive relay business.
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Company Size :
Enterprise
SME
Startup
