TOKYO - DENSO Corp. has established a new company in Tianjin, China. The addition is “in response to the production needs of Korean automotive manufacturers in China,” noted managing officer Mitsuharu Kato.
Tianjin Poong Sung Electronics Co., Ltd. will produce instrument clusters, beginning production at the end of 2006. By 2010, it is expected to employ 80 people with projected sales of US$23 million (2.7 billion yen).
This is DENSO’s second company to produce instrument clusters in China.