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Mitsubishi Electric doubles down on China supply chains

Summary by Asia Times
Mitsubishi Electric, the Japanese maker of programmable logic controllers and other industrial automation equipment, plans to establish complete supply chains in China to compete more effectively in local markets and avoid problems that might arise from US trade restrictions. Mitsubishi Electric’s local partnerships and procurement are first expected to evolve into sourcing of complete lower-end […] The post Mitsubishi Electric doubles down on C…

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Asia Times broke the news in Hong Kong on Monday, February 3, 2025.
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