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As the global economy adapts to the transition away from carbon-based sources of energy, there is an increased focus on the use of renewable energy to provide a zero-emission source of electrical power. An integral part of the solution is batteries and energy storage systems. One Japanese company that is leading the field in this respect is The Furukawa Battery Company (Furukawa Battery).
Furukawa Battery traces its origins back to 1914, when Furukawa Electric established its battery factory in Amagasaki City, Hyogo Prefecture, and started production of lead-acid batteries. In 1950 Furukawa Electric spun off its battery business, and Furukawa Battery as a separate company was formed. Since then, the company has continued to evolve & expand, and now employs over 2,400 people.
S. Korean Researchers Poached by China Could Pose Threat to Domestic Battery Makers
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This undated photo provided by LG Chem Ltd. shows the company’s researchers inspecting a lithium-ion battery.
SEOUL, Dec. 10 (Korea Bizwire) A group of South Korean researchers poached by a Chinese company which is now transforming itself from property developer to electric vehicle (EV) and battery maker have turned out to be playing a key role in the rapid growth of the Chinese company.
Industry experts warn that China’s poaching of top South Korean researchers could deal a blow to domestic companies.
On Monday, Xu Jiayin, chairman of China’s largest property developer, Evergrande Group, visited the headquarters of the group’s battery research institute located in Shenzhen.