KUALA LUMPUR, Feb 19 (Bernama) -- Mitsubishi Electric Corporation announced that its Thai subsidiary, Siam Compressor Industry Co Ltd, will change its name to Mitsubishi Electric Siam Compressor Industry Co Ltd, effective April 1.
According to a statement, the subsidiary develops, manufactures, and sells compressors for air conditioning and refrigeration equipment.
In addition to supplying Mitsubishi Electric group companies, it provides compressors to other manufacturers in Thailand and internationally.
Following the name change, all products manufactured and sold by the subsidiary will carry the Mitsubishi Electric brand, a move the company expects to enhance global recognition and strengthen its ability to attract skilled personnel.
Mitsubishi Electric Siam Compressor Industry will focus on meeting the growing demand for compressors in diverse applications, including air conditioning, refrigeration, and data centres—a market projected for significant growth.
By expanding the subsidiary’s global business, Mitsubishi Electric Corporation aims to accelerate growth in its air conditioning and refrigeration systems segment worldwide.
-- BERNAMA
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