-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueAdditive Manufacturing
In this month’s issue, we explore additive manufacturing technology for the PCB fabricator: where it stands today, the true benefits, and where it seems to be headed.
The Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
PCC Clears Circuit-Maker’s Buyout of Shares in Hitachi PH
December 16, 2019 | Philippine News AgencyEstimated reading time: 1 minute
The Philippine Competition Commission (PCC) has approved the acquisition by circuit board-maker Mikuni Toyo Co., Ltd. (Mikuni Toyo) of 100% of shares of ATM module assembler Hitachi Terminals Mechatronics Philippines Corporation (Hitachi), seeing the transaction as not likely to result in substantial lessening of competition in the Philippine market.
The acquisition is in consideration of Mikuni Toyo’s bid to expand its portfolio and increase its presence in the manufacturing and assembly business for new customers in Subic.
The buyout is considered due to Hitachi’s plan to streamline its production sites to optimize global production strategy.
In a Commission decision issued Dec. 10, the competition authority affirmed the Mergers and Acquisitions Office’s findings that the acquisition is unlikely to result in substantial lessening of competition.
Both firms were found to produce different electronic products used for varying applications, thus no horizontal overlaps between the products of Mikuni Toyo and Hitachi in the Philippines.
With no direct relation of products between the firms, no vertical overlaps also exist as neither parties’ products are considered as inputs for the other.
Moreover, parties operate only as manufacturers or assemblers of their respective products, all of which are exported to their foreign parent entities and third parties outside of the Philippines.
Mikuni produces and assembles parts for various products, specializing in electronic boards in air-conditioning units, elevators, remote engine starters and security systems in Batangas.
On the other hand, Hitachi manufactures and assembles in Subic components, such as card readers, and banknote/coin cassettes for ATM machines which are all exported to Japan.
Suggested Items
AIM to Highlight NC259FPA Ultrafine No Clean Solder Paste at SMTA Queretaro Expo & Tech Forum
05/23/2024 | AIMAIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce its participation in the upcoming SMTA Queretaro Expo & Tech Forum taking place on June 6 at Queretaro Centro de Congresos y Teatro Metropolitano in Queretaro, Mexico.
Inkjet Innovations and Environmental Leadership with Taiyo
05/22/2024 | Marcy LaRont, PCB007 MagazineMarcy LaRont catches up with John Fix from Taiyo America to discuss Taiyo's innovative products and strategic partnerships, including their development of new products to meet evolving industry standards such as SVHC free material and advancements in inkjet technology. They touch on the impact of automation and Taiyo’s AT100 robotic offering, as well as their expansion of direct employees in Europe to provide greater support to that region.
Murata Obtains ISO 26262 Certification for Functional Safety in Automotive Applications
05/21/2024 | MurataMurata Manufacturing Co., Ltd., obtained the ISO 26262 development process certification for Functional Safety* Automotive ISO 26262 from the German third-party certifier SGS-TÜV Saar GmbH on February 13, 2024.
Spring 2024 Santa Clara County Flexfactor Finals Held at Nextflex
05/20/2024 | NextFlexNextFlex hosts this semester’s FlexFactor. Four teams of high school students competed by pitching their inventive products to a panel of esteemed judges composed of Robert de Neve, General Partner & Chief Strategist General Partner & Chief Strategist at NextPhase Ventures; Christine Holly Ngo, VP of Operations and Business Development at Silicon Valley Elite Manufacturing, Inc; and Jackson Rambough, FHE Design and Process Engineer at NextFlex.
Shipments of OLED Monitors Hit 200,000 Units in 1Q24, Annual Forecast to Reach 1.34 Million
05/17/2024 | TrendForceTrendForce’s latest report reveals a robust start to 2024 for OLED monitors, with shipments reaching approximately 200,000 units in the first quarter—marking a YoY growth of 121%.
Copyright © 2024 I-Connect007 | IPC Publishing Group Inc. All rights reserved.
Log in