GEM Services Announces Joint Venture With Mitsubishi Electric to Build Power Semiconductor Modules in China
HEFEI, CHINA and SHANGHAI, CHINA — (Marketwire) — 09/26/11 — GEM Services today announced that it is establishing a joint-venture company with Mitsubishi Electric Corporation (TSE: 6503) to manufacture energy-saving power semiconductor modules in China.The new company, Mitsubishi Electric GEM Power Device (Hefei) Co., Ltd., will begin operations in January 2012. Located in Hefei Economic & Technological Development Area, Anhui Province, China, the company plans to expand its workforce t