Mitsubishi Electric


Mitsubishi Electric Corporation is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. The company was established in 1921 as a spin-off from the electrical machinery manufacturing division of Mitsubishi Shipbuilding at the Kobe Shipyard.
A member of the Mitsubishi Group, Mitsubishi Electric produces elevators and escalators, high-end home appliances, air conditioning, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites.
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History

Mitsubishi Electric was established as a spin-off from the Mitsubishi Group's other core company Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become the major electronics company.
Mitsubishi Electric held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 to 2005.
The company acquired Nihon Kentetsu, a Japanese home appliance manufacturer, in 2005.
In 2015 the company acquired DeLclima, an Italian company that designs and produces HVAC and HPAC units, renamed Mitsubishi Electric Hydronics & IT Cooling Systems SpA in 2017.
In early 2020, Mitsubishi Electric was identified as a victim of the year-long cyberattacks perpetrated by the Chinese hackers.
In 2023, Mitsubishi Electric announced its plans to spend 100 billion yen to build a new semiconductor factory in Kumamoto Prefecture, with a target date of April 2026 to begin production.

Products

In 2023, the World Intellectual Property Organization (WIPO)’s Annual PCT Review ranked Mitsubishi Electric's number of patent applications published under the PCT System as 4th in the world, with 2,152 patent applications being published during 2023.
Some product lines of Mitsubishi Electric, such as air conditioners, overlap with the products from Mitsubishi Heavy Industries partly because the companies share the same root.

Discontinued products

Global operations

Mitsubishi Electric's business network around the world were the following:

Slogans

  • With you today and tomorrow
  • Advanced and ever advancing Mitsubishi Electric
  • SOCIO-TECH: enhancing lifestyles through technology
  • Changes for the Better

Sports

Until September 2016, the company had a corporate team which is now known as the Nagoya Diamond Dolphins. Mitsubishi continues to sponsor the team.
Mitsubishi Electric signed a title sponsorship deal with the AFF Championship from the 2022 edition onwards.