#Hitachi abb power grids wiki license#

In October 2012, Hitachi agreed to acquire the United Kingdom-based nuclear energy company Horizon Nuclear Power, which plans to construct up to six nuclear power plants in the UK, from E.ON and RWE for £700 million. In September 2012, Hitachi announced that it had invented a long-term data solution out of quartz glass that was capable of preserving information for millions of years. In January 2012, Hitachi announced it would stop producing televisions in Japan. The transaction was completed in March 2012. Due to concerns of a duopoly of WD and Seagate Technology by the EU Commission and the Federal Trade Commission, Hitachi's 3.5' HDD division was sold to Toshiba. In March 2011, Hitachi agreed to sell its hard disk drive subsidiary, HGST, to Western Digital for a combination of cash and shares worth US$4.3 billion. This prompted Hitachi to restructure and sell a number of divisions and businesses, a process that is expected to end in 2021. įrom 2006 to 2010, Hitachi lost US$12.5 billion, the largest corporate loss in Japanese history.

Īt the CES 2007, Hitachi revealed the first consumer HDD with a storage of 1 TB, which was released in the same year. Mainly window air conditioners were produced. However air conditioners were a matter of great pride. Volumes of production of air conditioners in the USSR were small, about 500,000 per year.

#Hitachi abb power grids wiki license#

The Baku factory was established under the license of the Japanese company, Hitachi. The Soviet Union started to produce air conditioners in 1975. Hitachi's reconstruction efforts after the war were hindered by a labor strike in 1950. Founder Odaira was removed from the company and Hitachi Zosen Corporation was spun out. World War II had a significant impact on the company with many of its factories being destroyed by Allied bombing raids, and discord after the war. Odaira coined the company's toponymic name by superimposing two kanji characters: hi meaning 'sun' and tachi meaning 'rise'. Odaira moved headquarters to Tokyo in 1918. The company began as an in-house venture of Fusanosuke Kuhara's mining company in Hitachi, Ibaraki.

The company's first product was Japan's first Template:Convert/hp induction motor, initially developed for use in copper mining. Hitachi was founded in 1910 by electrical engineer Namihei Odaira (1874–1951) in Ibaraki Prefecture. 2.9 Social infrastructure and industrial systemsġ968–1992 Hitachi logo, in which visible is the symbol on the left that is still used as its corporate symbol ( monshō) and in favicons of some of the group companies like Hitachi Rail and Hitachi Astemo.2.7 Information and telecommunication systems.2.4 Digital media and consumer products.