Hitachi

Hitachi is ready to spend big on AI, green energy, CFO says

HITACHI is ready to spend hundreds of millions of dollars on acquisitions, as it seeks to bolt on new businesses after spending a long period shedding non-core units and strengthening its balance shee...

Together with Paragon’s network and multi-cloud orchestration capabilities, Hitachi’s pre-built industrial AI applications will be used to create multiple Paragon-related offerings.

Hitachi to deploy Singtel platform for industrial AI solutions

Paragon is an all-in-one orchestration platform for 5G, edge computing and cloud

A representative for Hitachi said no decision has been made at this point, and that the company is considering ways to “enhance its corporate value.”

Hitachi to plan selling stake in Johnson Aircon JV

Such a move would likely mean an outright sale of Johnson Controls-Hitachi Air Conditioning

India has experienced a record rise in power demand, leading the government to ramp up electricity generation capacity, including in renewable energy.

Hitachi’s Indian business expects to have US$20 billion revenue by 2030

HITACHI India expects to contribute US$20 billion in revenue to its Japanese parent by 2030, its managing director said in an interview on the sidelines of the World Economic Forum annual meeting.