Mitsubishi Electric to expand factory automation systems business

ntttttttttttt

Mitsubishi Electric Corp will strengthen its factory automation solution businesses, including related production and sales capacities, with the intention of expanding market share, especially in China, India, ASEAN nations, Brazil and other emerging markets.

The goal is to raise annual sales of the FA systems business from 480 billion yen at present to 600 billion yen by the fiscal year ending in March 2016, and also increase the ratio of overseas FA systems sales from 45% to 50% over the same period.

In addition to its current worldwide partnerships, Mitsubishi Electric will strengthen cooperation with software, ERP systems and CC-Link industrial network partners to enhance its iQ Platform business. These partnerships enable Mitsubishi Electric to expand technological advantages and business opportunities, in particular for energy-saving solutions in China and infrastructure solutions in ASEAN nations.

In China, Mitsubishi Electric aims to raise annual sales from 60 billion yen at present to 100 billion yen by March 2016. By the end of 2012, the company will have three FA-related factories operating within China: Mitsubishi Electric Dalian Industrial Products Co Ltd is already making mechatronics and FA control equipment such as PLCs and human machine interfaces, Mitsubishi Electric Automation Manufacturing (Changshu) Co Ltd will begin manufacturing servo motors, numerical controllers and other drive products, and Mitsubishi Electric Low Voltage Equipment (Xiamen) Co Ltd will start producing low-voltage switchgears from 2012.