KCW to establish joint venture with Bosch Electrical Drives  [ Korea ]

KCW (headquarters: Daegu, Korea), a wiper production and sales company in the Kyung Chang Industrial Group, announced that it will establish a 50-50 joint venture with Bosch Electrical Drives. The new company, KB Wiper Systems (tentative name), will develop, produce, and sell wiper systems. It will be capitalized at KRW 5 billion. (From a press release on December 10, 2014)
<Dec 10, 2014>