Tokyo, Japan, December 5, 2011 --- Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced a change in the schedule for transfer of Hitachi’s hard disk drive business to Western Digital Corporation (NYSE: WDC, “WD”), following WD’s announcement issued on December 1, 2011. WD now expects to close the transaction by March 2012 subject to the completion of obtaining approvals from European Commission and other regulatory authorities, according to the announcement by WD.
Press Releases 2011
Hitachi, Ltd. (NYSE: HIT / TSE:6501 “Hitachi”) will realign the operation of the Hitachi Group’s battery business into a framework organized by application, specifically, consumer, automotive and industrial systems applications. Business operations will be centralized at Hitachi Maxell Energy, Ltd. (“Hitachi Maxell Energy”) for consumer applications, Hitachi Vehicle Energy, Ltd. (“Hitachi Vehicle Energy”) for automotive applications, and Shin-Kobe Electric Machinery Co., Ltd. (“Shin-Kobe Electric Machinery”) for industrial systems applications.
Hitachi, Ltd. (NYSE:HIT/TSE:6501) today announced the following executive change and organization change. The appointments take effect on January 1, 2012.
Hitachi, Ltd. (NYSE: HIT / TSE:6501 “Hitachi”) today announced that Hitachi Chemical Co., Ltd. (TSE:4217), a subsidiary of Hitachi, has determined to commence a tender offer for shares of Shin-Kobe Electric Machinery Co., Ltd. (TSE:6934) at a meeting of its Board of Directors held on November 25, 2011 as attached.
Paris, France, November 16, 2011 – Hitachi Europe Ltd. today announced that it is entering an initial phase of collaboration with GenKey, a leading provider of ISO 24745 compliant Privacy Enhancing Technology (PET).
Tokyo, November 15, 2011 --- Innovation Network Corporation of Japan (“INCJ”), Hitachi, Ltd. (“Hitachi”), Sony Corporation (“Sony”) and Toshiba Corporation (“Toshiba”) announced today that they have signed definitive agreements to integrate their small- and medium-sized display businesses in a new company to be established and operated by INCJ as attached.
Tokyo, November 1, 2011 --- Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced its consolidated financial results for the second quarter of fiscal 2011, ended September 30, 2011.
Hitachi Europe Ltd. today announced that its new brand campaign will be launched on 1 November 2011. The campaign, which was developed by McCann Erickson Birmingham on behalf of the Hitachi Group, focuses on Hitachi’s core Business-to-Business products, including construction machinery, data storage and rail.
Tokyo, Japan, October 28, 2011 – Hitachi, Ltd. today announced the decision of the Hitachi Group to provide support with a total value of 10 million yen (U.S. dollars 125,000*) to aid the victims of the earthquake in Turkey, and to assist in recovery efforts in the affected regions.
Tokyo, October 26, 2011 --- Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced revisions to the Company’s consolidated business forecasts for the first half of fiscal 2011, year ending March 31, 2012, which were announced on July 29, in light of recent business performance.