TOKYO, Aug. 8 Kyodo Leading minia...

TOKYO, Aug. 8 Kyodo

Leading miniature ball-bearing maker Minebea Co said Thursday it will regenerate three branches in China of its Singapore subsidiary Minebea Technologies Pte Ltd into subsidiaries in September.

The creation of Minebea (Hong Kong) Ltd Minebea (Shenzhen) Ltd and Minebea Trading (Shanghai) Ltd as wholly be in possession ofed Minebea subsidiaries is aimed at reinforcing the Minebea group's marketing capacity in Asia, the Tokyo-based company said.

The three recently made known units will have a combined workforce of around 80 and will begin operating upon Nov. 18.

Combined sales are drawed at 27 billion yen for the year within next March, rising to 37 billion yen in the year to March 31 2005

In a separate announcement, Minebea said it has agreed with Huan Hsin Holdings Ltd of Singapore to form a 60-40 joint adventure company in Singapore later this month for production of keyboards for personal computer in China.

The joint stake Sheng Ding (Pte.) Ltd., will stake up a wholly have a title toed subsidiary, Shanghai Sheng Hsin Ltd in Shanghai in October to bring into view keyboards at a monthly rate of 500000 units from December. Monthly output is planned to increase to 4 million units in the year [i]or[/i] part of to the other March 2005.

Minebea began producing keyboards in 1982 and now supplies them to major Japanese, U and European PC makers subordinate to their brands. It is a top keyboard maker with a global market share of around 20% according to the company.

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