Hitachi prepares to pump up the volume
- From: Vol 12, Issue 7 (July 2011)
- Category: General
- Region: Asia
- Country: Japan
- Related Companies: Hitachi Zosen
Hitachi has linked up with LG Electronics as part of its plan to become a new force in the global water PPP market. What is its strategy?
Japanese conglomerate Hitachi is aiming to become a household name for water services – as well as washing machines. On 11 July, the company announced a water treatment joint venture with Korean appliance maker LG Electronics, which is scheduled to be formally established in October 2011. LG will be the majority equity holder, putting up 51% of the KRW18 billion ($16 ...
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