Latest news with #SumitomoElectric
The Herald Scotland
7 days ago
- Business
- The Herald Scotland
Swinney says links with Japan ‘hugely valuable' as he hosts ambassador
On Friday, the First Minister and the ambassador will visit a whisky distillery to highlight ties between Scotland and the East Asian nation. Mr Suzuki is known for posting brief social media videos of himself enjoying cuisine and culture around the UK, with one showing him taking a bite of haggis and declaring it 'fantastic'. Recent Japanese investments in Scotland include Sumitomo Electric's plans to build a high-voltage cable factory in the Highlands, which would supply the offshore energy industry. Before the visit the First Minister said: 'Our relationship with Japan is both long-standing and hugely valuable to Scotland's economy. 'Both countries share a mutually beneficial working relationship on key future industries, such as the green energy transition, AI and biotech. 'Japan is also a key trading partner for Scottish businesses, especially those operating within our whisky sector. In 2024, whisky exports to Japan reached £182 million, up over 7.1% from 2023. 'I am committed to strengthening these ties and improving co-operation between both countries in the years to come.'
Yahoo
7 days ago
- Business
- Yahoo
John Swinney says links with Japan ‘hugely valuable' as he hosts ambassador
John Swinney has said Scotland's relationship with Japan is 'hugely valuable' after he hosted the Japanese ambassador to the UK at his official residence. Hiroshi Suzuki visited Bute House in Edinburgh on Thursday evening, alongside a group of prominent Japanese business representatives. On Friday, the First Minister and the ambassador will visit a whisky distillery to highlight ties between Scotland and the East Asian nation. Mr Suzuki is known for posting brief social media videos of himself enjoying cuisine and culture around the UK, with one showing him taking a bite of haggis and declaring it 'fantastic'. I'm enjoying haggis!!👍😄 — Hiroshi Suzuki (@AmbJapanUK) May 28, 2025 Recent Japanese investments in Scotland include Sumitomo Electric's plans to build a high-voltage cable factory in the Highlands, which would supply the offshore energy industry. Before the visit the First Minister said: 'Our relationship with Japan is both long-standing and hugely valuable to Scotland's economy. 'Both countries share a mutually beneficial working relationship on key future industries, such as the green energy transition, AI and biotech. 'Japan is also a key trading partner for Scottish businesses, especially those operating within our whisky sector. In 2024, whisky exports to Japan reached £182 million, up over 7.1% from 2023. 'I am committed to strengthening these ties and improving co-operation between both countries in the years to come.'
Yahoo
26-05-2025
- Automotive
- Yahoo
Wiring Harnesses and Connectors for Electric Vehicles Industry Report 2025-2035: Focus on Lightweight, High-efficiency Solutions and Strategic Partnerships is Vital for Market Success
The rapid growth of the electric vehicle (EV) industry is driving an increased demand for wiring harnesses and connectors, crucial for enhancing vehicle range and performance. With EVs requiring more wiring than traditional vehicles, OEMs are shifting towards aluminum harnesses to reduce weight. The market is segmented by vehicle type, propulsion, application, product, material, component, and region. China leads in wiring harness usage, with significant growth anticipated. Key players include Sumitomo Electric, Leoni AG, and Aptiv PLC. The focus on lightweight, high-efficiency solutions and strategic partnerships is vital for market success, with a strong emphasis on sustainability in the eco-conscious EV sector. Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "Wiring Harnesses and Connectors for Electric Vehicles Market - A Global and Regional Analysis: Focus on Vehicle Type, Propulsion Type, Application Type, Product Type, Material Type, Component Type, and Regional Analysis - Analysis and Forecast, 2025-2035" has been added to offering. The shift towards high-voltage wires is driven by the introduction of high-voltage battery systems within EVs, causing a substantial positive impact on the market, which is expected to see significant growth. The value of this report lies in its strategic insights for businesses aiming to optimize product lines and expand market reach. By understanding consumer needs and emerging trends, companies can leverage opportunities in lightweight, high-efficiency wiring solutions to boost EV performance. Collaborative partnerships with EV manufacturers and targeting emerging markets through government incentives can expedite growth. Furthermore, developing smart, high-voltage connector technologies and consistent R&D investments can carve a competitive edge. Leading firms are focusing on sustainable, innovative, and strategic methodologies, including partnerships, to establish synergies in the eco-conscious EV industry. The EV wiring harness and connectors market features prominent players such as Sumitomo Electric Industries, Ltd., Leoni AG, Aptiv PLC, and Fujikura Ltd., among others. A comprehensive competitive analysis offers benchmarking insights that highlight market standings and strategize for gaining untapped revenue opportunities. Recent advancements in the electric vehicle (EV) sector have sparked significant demand for wiring harnesses and connectors, crucial components in electric vehicle manufacturing. Unlike traditional internal combustion engines, EVs require almost double the wiring, leading to a higher weight burden. To address this, Original Equipment Manufacturers (OEMs) are turning to aluminum wiring harnesses to reduce weight, thereby enhancing vehicle range. Market Segmentation: By Vehicle Type: The passenger vehicle segment is expected to dominate due to sheer volume, yet commercial vehicles will grow faster due to their complex wiring needs and size. By Propulsion Type: Initially led by Hybrid Electric Vehicles (HEVs), the market trend will shift towards Battery Electric Vehicles (BEVs) as they employ more extensive and thicker high-voltage wiring. By Application Type: Body harnesses currently hold the largest market share, with high-voltage battery harnesses expected to see significant growth due to increased EV adoption. By Product Type: Low voltage harnesses presently dominate, yet high voltage usage is on the rise, driven by the growing high-voltage battery ecosystem in EVs. By Material Type: Although copper remains the dominant material, aluminum is gaining traction for its weight-saving advantages. Optical fiber is still a niche player in this context. By Component Type: Wires are the principal component and dominate the market, especially in luxury and large vehicles that require more intricate electrical systems. By Region: China is projected to become the largest market for EV wiring harnesses and connectors by 2034, surpassing regions such as North America and Europe. Key Topics Covered:1. Markets: Industry Outlook1.1 Trends: Current and Future Impact Assessment1.2 Stakeholder Analysis1.3 Market Dynamics Overview1.4 Regulatory Landscape1.5 Patent Analysis1.6 Start-Up Landscape1.7 Supply Chain Analysis1.8 Value Chain Analysis1.9 Global Pricing Analysis1.10 Industry Attractiveness1.11 The Road Ahead2. Wiring Harnesses and Connectors for Electric Vehicles Market (by Application)2.1 Application Segmentation2.2 Wiring Harnesses for Electric Vehicles Market (by Vehicle Type)2.3 Wiring Harnesses for Electric Vehicles Market (by Propulsion Type)2.4 Wiring Harnesses for Electric Vehicles Market (by Application)3. Wiring Harnesses and Connectors for Electric Vehicles Market (by Product)3.1 Product Segmentation3.2 Wiring Harnesses for Electric Vehicles Market (by Product Type)3.3 Wiring Harnesses for Electric Vehicles Market (by Material Type)3.4 Wiring Harnesses for Electric Vehicles Market (by Component Type)4. Wiring Harnesses and Connectors for Electric Vehicles Market (by Region)4.1 North America4.2 Europe4.3 Asia-Pacific4.4 Rest-of-the-World5. Markets - Competitive Benchmarking & Company Profiles5.1 Next Frontiers5.2 Geographic Assessment5.3 Company Profiles Sumitomo Electric Industries, Ltd. Leoni AG Aptiv PLC Fujikura Ltd. Kromberg & Schubert GmbH Coroplast Group SINBON Electronics Co., Ltd. Korea Electric Terminal Co., Ltd. EG Electronics LS Cable & System Ltd. TE Connectivity ACOME Gebauer & Griller Continental AG Lear Corporation For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
21-05-2025
- Business
- Zawya
Madbouly inaugurates SE Wiring Systems Egypt's factory in 10th of Ramadan City
Arab Finance: Prime Minister Moustafa Madbouly has inaugurated SE Wiring Systems Egypt's factory, one of the largest wiring harness manufacturing plants globally, according to a statement. SE Wiring Systems Egypt is a subsidiary of Sumitomo Electric Wiring Systems Europe Ltd. Located on an area of 150,000 square meters in 10th of Ramadan City, the factory employs more than 12,000 Egyptian workers, with annual exports exceeding €300 million. Madbouly stated that the project received a gold license in September 2023, while the implementation process began in December. Actual production from the factory started by the end of 2024. He added that this factory includes a training center that qualifies Egyptian youth to work in the wiring harness production, which opens the door to significant job opportunities for young men and women. The prime minister noted that women currently represent over 40% of ithis factory's total workforce. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
21-05-2025
- Business
- Zawya
PM inaugurates SE Wiring Systems Egypt's factory in 10th of Ramadan City
Egypt - Prime Minister Mostafa Madbouly took part in the inauguration of SE Wiring Systems Egypt's latest manufacturing facility in 10th of Ramadan City on Tuesday. The company is a subsidiary of Sumitomo Electric Wiring Systems (Europe), operating under the global conglomerate Sumitomo Group. The newly launched plant is considered one of the largest automotive wiring harness production facilities worldwide. It features fully integrated departments equipped with state-of-the-art technologies and advanced production lines, as well as a dedicated training academy and a research and development center. Notably, the facility is environmentally friendly and powered in part by a comprehensive solar energy system. Mohamed Hammam, Deputy Managing Director of Sumitomo Electric Egypt, presented an overview of the new plant, noting that the total project area spans 150,000 square meters. The current built-up area occupies approximately 23,000 square meters—about 15% of the total land area—comprising the first phase of development. Hammam stated that the existing production hall covers 12,500 square meters, with 60% currently in operation and the remaining 40% allocated for future expansion. Full utilization of the facility is anticipated by 2027. At present, the factory employs 2,000 workers, with plans to increase the workforce to 3,000 by the end of 2025. All operators, technicians, and engineers at the facility are local hires who have undergone certified training provided by the parent company. Their performance has demonstrated skill levels comparable to European factory standards. 'For the first time in Sumitomo Egypt's history, all machinery installation and preparation work was carried out entirely by our local technical team,' Hammam emphasized. 'This unprecedented challenge was successfully accomplished by the Egyptian team.' He further noted that the 10th of Ramadan factory currently operates 53 machines for various applications, with a production capacity of 10 million wires per month. This number is expected to rise to 130 machines, enabling a monthly output of 26 million wires. Hammam added that the facility currently houses 170 wire cutting and preparation machines—making it the Sumitomo site with the highest number of such machines in Europe, and operating at peak efficiency. He also highlighted an ambitious initiative to localize the production of wiring harness components. This effort is led by a permanent in-house team dedicated to innovation and reducing reliance on imports. All locally produced components have successfully passed rigorous testing and calibration, with many performing on par with—or even exceeding—the quality of parts imported from the European headquarters. As a result, several other companies in the sector are now seriously considering sourcing these components from Egyptian suppliers. 'We currently produce 1.8 million wiring harnesses per month in Egypt,' Hammam stated. 'At the 10th of Ramadan facility alone, we manufacture 650,000 harnesses each month, with plans to increase to one million by year's end.' He also revealed that wiring harnesses for a specific car brand have been entirely produced in Egypt. Production for a locally assembled version of that brand will begin at the 6th of October factory in March 2025, with a maximum daily capacity of 270 harnesses. Hammam went on to explain that the company has equipped all its Egyptian factories with integrated solar power systems to support clean energy use and reduce carbon emissions. This investment aligns with Egypt's Vision 2030 and its climate commitments. The solar system, representing an investment of approximately €1 million, generates up to 3.2 megawatts of energy. Founded in 2008, SE Wiring Systems Egypt S.A.E. operates under the Private Free Zones system. It specializes in manufacturing electrical wiring systems and cables for various vehicle types. With investments totaling around €160m, the company provides over 12,000 jobs across its facilities in 6th of October City, 10th of Ramadan, and Port Said. SE Wiring Systems Egypt currently operates five factories in Port Said and two in 6th of October City. The company exports its entire production to countries such as the UK, France, Turkey, Italy, the Czech Republic, and Slovakia, achieving annual exports exceeding €300m. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
