JAPAN: Calsonic Kansei, Seiko Malaysia compressor JV announced
Calsonic Kansei Corp. and Seiko Instruments will make car air conditioner compressors in a joint venture in Malaysia, AutoAsia Online reported. Seiko Instruments will move Calsonic Kansei compressor production from Japan to the new venture to reduce manufacturing costs, the report said. Calsonic Kansei will hold a 51% stake and Seiko Instruments 49%.
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