 |
Outline
Outline of New Joint Venture Company
| Company name: |
to be decided |
| Location: |
Shanghai, China |
| Capital: |
50 billion yen (SVA 75%, NEC 25%)
| * |
SVA's investment will be made by SVA and two of its subsidiary companies that were established for this project. |
|
| Established: |
June 2003 (exact date to be decided) |
| Start of operation: |
October 2004 (exact date to be decided) |
| Employee number: |
1200 (at start of operation) |
| Major Operations: |
Product planning, development, manufacturing and sales of TFT color LCD modules |
Outline of SVA (Group) Co., Ltd. (SVA)
| Company name: |
SVA (Group) Co., Ltd. (SVA) |
| Location: |
Shanghai, China |
| Capital: |
2.09 billion RMB |
| Sales: |
38.3 billion RMB (574.5 billion yen) |
| Established: |
1995 |
| Employee number: |
26,400 |
| Major Operations: |
Holding company for companies that perform product development, manufacturing and sales of household electric appliances, home communication terminals and CRT, PDP, STN LCD displays |
|
