Sumitomo Electric Industries Ltd - Company Profile
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Sumitomo Electric Industries Ltd (Sumitomo) is a supplier of wiring harnesses, automotive components, power distribution cables and industrial materials. Focus on R&D, operating performance, and liquidity position are the company’s major strengths, whereas geographic concentration remains a cause for concern. Global autonomous vehicles, launch of new products, and new contract contracts wins to the company. However, regulations, currency fluctuations, and intense competition could affect its business opportunities.
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