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JVC Kenwood Corp to Establish Joint Venture with ZMP INC.

Wednesday, 17 Jul 2013 08:20pm EDT 

JVC Kenwood Corp announced that it will establish a joint venture with ZMP INC. The joint venture capitalized at JPY 100,000 will be engaged in the development and commercialization of in-car controller area network (CAN) data cloud technology in Tokyo. The Company and ZMP will hold a 49% and 51% stake in the joint venture respectively. 

Company Quote

3.0 +1.23%
18 Apr 2014