Furukawa Electric to Manufacture, Supply Automotive Electronic Parts for Air-bags in China - JCN Newswire

Furukawa Electric to Manufacture, Supply Automotive Electronic Parts for 
Air-bags in China

Tokyo, March 6,2002 --(JCN Newswire)-- Furukawa Electric Co., Ltd.
today announced that its Chinese automotive parts affiliate will 
begin manufacturing and distributing Steering Roll Connectors, an 
electronic part used in automotive air-bag systems.

Furukawa's Chinese affiliate, Tianjin Jinhe Electric Engineering Co., Ltd 
was established in March 1996, and will begin supplying SRCs to Tianjin 
Automotive Xiali Company Ltd., a leading automotive maker supported by 
Toyota Motor Corp. Tianjin Automotive has been manufacturing its flagship 
car the 'NBC II' since December 2000. About 50,000 NBC II's are 
manufactured annually.

By enhancing its local manufacturing and distribution capabilities for 
SRCs, which have top world market share, Furukawa aims to meet growing 
demand for air-bag systems in China.

In China, new cars are required to be fitted with air-bag systems and since 
SRCs are one of the key electronic components for air-bag systems, demand 
for SRCs is growing fast. 

Further more, Tianjin Toyota Motor Co., Ltd., which is a joint venture of 
Toyota and Tianjin Automotive Industrial (Group) Co., Ltd., is to 
manufacture a brand-new car, the 'NBC V', from autumn 2002. Tianjin Jinhe 
also supply SRCs by way of Tianjin Tokai Rika Automotive Parts Co., Ltd.

Furukawa's other foreign bases are as follows; 
South Korea:      Shin Chang Connector Co.,Ltd.
Mexico:           Furukawa Mexico S.A.De C.V.
The Philippines:  Furukawa Electric Autoparts Philippines
Czech Republic:   Furukawa Electric Autoparts Central Europe

For more information, please contact,
Public Relations Section, 
Furukawa Electric
Osamu Suzuki
pub@ho.furukawa.co.jp

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