Delphi transfered reception systems business at USD 25 million  [ China ]

Delphi has entered into a definitive agreement to sell its reception systems business, which consists of automotive antennas and in-vehicle TV tuners, to Northeast Industries Group Corp., a Chinese automotive supplier. In July 2015, Delphi completed the transaction. After the transaction, reception system registed as FUBA Automotive Electronics Co.,Ltd. In Germany.(From a press release on Augus...
<Aug 24, 2015>