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Emerging Tech News

Emerging Tech News: Electric Drive
3rd January 2019

In major restructuring, ABB shifts from heavy electrical manufacturing to distributed energy

ABB’s sale of its power transmission business to Hitachi reflects a wider trend in the global market for power equipment. The global technology company is turning its focus to Europe and the growing market for distributed energy while Hitachi is gearing up to compete in the Asian market for heavy electrical grid equipment, such as transmission lines, transformers and substations.

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