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Japan

Mitsubishi Electric to sell 50% stake in automotive subsidiary to Foxconn subsidiary under final agreement

On October 16, Mitsubishi Electric Corporation(Mitsubishi Electric) announced that it had signed an agreement to transfer a 50% stake in its wholly owned automotive equipment subsidiary, Mitsubishi Electric Mobility Corporation(Mitsubishi Electric Mobility), to Lin Yin International Investment Co., Ltd., an investmen....

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