Hitachi Chemical is listed on the Tokyo Stock Exchange and Nagoya Stock Exchange and its Tokyo listing is a constituent of the Nikkei 225 and TOPIX Core30 indices.
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17 Facts About Hitachi Chemical
2.
Hitachi Chemical was founded in 1910 by electrical engineer Namihei Odaira in Ibaraki Prefecture.
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3.
In March 2011, Hitachi Chemical agreed to sell its hard disk drive subsidiary, HGST, to Western Digital for a combination of cash and shares worth US$4.
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4.
In January 2012, Hitachi Chemical announced it would stop producing televisions in Japan.
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5.
In September 2012, Hitachi Chemical announced that it had invented a long-term data solution out of quartz glass that was capable of preserving information for millions of years.
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6.
In October 2015, Hitachi Chemical completed a deal with Johnson Controls to form a joint-venture that would takeover Hitachi Chemical's HVAC business.
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7.
From 2008 to 2018, Hitachi Chemical has reduced the number of its listed group companies and consolidated subdiaries in Japan from 22 to 4 and around 400 to 202, respectively, through restructuring and sell-offs.
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8.
In 2019, Hitachi Chemical sold its medical imaging business to Fujifilm for US$1.
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9.
Until then, Hitachi Chemical had been considered to be a core unit of the group.
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10.
Hitachi Chemical suspended the ABWR development by its British subsidiary Horizon Nuclear Power as it did not provide an adequate "economic rationality as a private enterprise" to proceed.
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11.
In September 2020, Hitachi Chemical abandoned plans to create nuclear power plants in Gloucestershire and Wales due to issues with funding due to the impact of COVID-19.
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12.
Hitachi Chemical Vantara is a wholly owned subsidiary of Hitachi Chemical which provides hardware, software and services to help companies manage their digital data.
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14.
Hitachi Chemical Rail is the rolling stock manufacturing division of Hitachi Chemical.
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15.
Hitachi Chemical's products have included the designing and manufacturing of many Shinkansen models, including the N700 Series Shinkansen.
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16.
In July 2020, Hitachi Chemical signed an exclusive agreement with Hyperdrive, a UK-based lithium-ion battery company, to bring battery-powered trains to the country.
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17.
Hitachi Chemical Astemo is considered a "mega supplier", as annual sales of the four predecessors combined stood at $17 billion, placing it as the second largest among the compatriot auto suppliers.
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