Japan NEC to Quit from Li-Ion Battery Market

Published: Aug 3, 2017 16:27

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Japan Nippon Electronics Corp. will withdraw from Li-ion battery business and sell NEC Energy Device which produces electrode to GSR.

SHANGHAI, Aug. 3 (SMM) – Japan Nippon Electronics Corp. will withdraw from Li-ion battery business and sell NEC Energy Device which produces electrode to GSR.

As annual sales value at NEC Energy Device is estimated at 15 billion yen, NEC requires a acquisition price at 15 billion yen.

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