US EditionHitachi Mulling over Sale of Japanese White Goods Business, Nikkei Reports
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2 Articles
Hitachi mulling over sale of Japanese white goods business, Nikkei reports
Japanese conglomerate Hitachi is considering selling its domestic home appliance business as part of a continued effort to prioritize the group's social infrastructure and digital sectors, the Nikkei newspaper has reported.The deal could be worth around 100 billion yen ($679.49 million) or more, the report sa
Samsung Electronics and LG Electronics have entered into a deal to acquire the Japanese home appliance division of Hitachi, Ltd. This marks Samsung's first attempt in 18 years since its withdrawal from the Japanese home appliance market in 2007. For LG, this represents a golden opportunity to expand its home appliance business in Japan. This marks the beginning of a new partnership between Korean and Japanese industries, facing growth limitation…
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