Business

Fujitsu Ten to add plant in Jiangsu

TIANJIN, China (Kyodo) Automotive electronics manufacturer Fujitsu Ten Ltd. will add a factory in China and bump up its production for export as well as local consumption at an existing plant, according to company officials.

The Kobe-based affiliate of computer maker Fujitsu Ltd. will open a wholly owned $8.72 million factory in Wuxi, Jiangsu Province, in October and increase production at its 9-year-old factory in the northern port city of Tianjin, said Ryoji Otowa, chairman and president of Tianjin Fujitsu Ten Electronics Co., a Sino-Japanese joint venture.

From the end of this year, the plants will make auto security doors, parts for General Motors Corp., and more car navigation systems and integrated car audiovisual devices, Otowa said.

He said the two factories expect a combined 4 billion yuan (about $483 million) in sales revenue by 2007.

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