Business / Corporate Oct 28, 2020
Hitachi Metals to cut 1,000 jobs through voluntary redundancy
Including through attrition and cuts in nonregular workers, the company plans to slash about 3,200 jobs, or nearly 10% of its total workforce.
Business / Corporate Oct 26, 2020
Hitachi to abolish hanko seals for internal documents and cut paper usage by 70%
The technology giant's initiative is in line with government efforts to promote digitalization in Japan.
Business / Corporate Sep 15, 2020
Hitachi eyes dropping plan to build nuclear plant in Britain
Brexit and the coronavirus pandemic have been cited as reasons for the lack of progress in discussions with the British government.
Business Aug 21, 2020
Japan business lobby chief's cancer returns, but he'll keep working
Hiroaki Nakanishi, chief of the Japan Business Federation, also known as Keidanren, has had a relapse of lymphoma but will keep working from the hospital, the business lobby said Friday. The 74-year-old chairman of Hitachi Ltd. has been hospitalized since last month after tumor marker ...
Business / Corporate Aug 17, 2020
Hitachi seeks to revive U.K. nuclear power plant plans, report says
Horizon Nuclear Power Ltd., a Hitachi subsidiary, has been holding detailed discussions with the government for weeks, according to the Financial Times.
Business / Corporate Aug 12, 2020
Hitachi and Bombardier to supply trains for operation in Spain
Hitachi Ltd. said Wednesday that the firm and a subsidiary of Canada's Bombardier Inc. will supply 23 high-speed trains to an Italian railway operator for services in Spain under a contract of around €800 million (¥100 billion). The first train will be delivered to Italian ...
Business / Corporate Jul 30, 2020
IBM ties up with Japanese business and academia in quantum computing
The "Quantum Innovation Initiative Consortium" will be based at the University of Tokyo and include Toyota, financial institutions and chemical manufacturers.
Business / Corporate Jul 13, 2020
Hitachi wins order of transformers for 400 locomotives in India
The state-backed Indian Railways project is allocating $15.9 million to manufacture the equipment as part of India's goal to achieve zero carbon emissions in 10 years.
Business / Corporate Jul 2, 2020
Hitachi ends acquisition of ABB's power grids business and plans expansion
Electronics and machinery giant Hitachi Ltd. has completed the acquisition of a power grids company carved out from Swiss heavy machinery maker ABB Ltd. Hitachi said Wednesday it spent $6.85 billion, or ¥740 billion, to buy an 80.1 percent stake in the power grids company, ...
Business Jun 30, 2020
U.S. warns Hitachi not to sell U.K. nuclear project to China
The administration of U.S. President Donald Trump has warned Hitachi Ltd. not to sell its nuclear power project in Britain to China due to security concerns, The Sunday Times has reported. China General Nuclear Power Corp., the country's largest state-owned nuclear power company, is keen ...
Business / Corporate Jun 5, 2020
Hitachi, Toshiba and Miraca join forces to raise output of antigen test kits
Industrial conglomerates Hitachi Ltd. and Toshiba Corp, as well as Miraca Holdings subsidiary Fujirebio, said on Friday they will jointly set up a facility to produce antigen-testing kits for the coronavirus. The line would help double production of Fujirebio's testing kits, which received government approval ...