Johnson Controls Hitachi
Japanese multinational electronics company
From Wikipedia, the free encyclopedia
Johnson Controls Hitachi AC Limited is a Japanese multinational air conditioning manufacturing company that manufactures home appliances and specialises in air conditioning and cooling technology. The company was incorporated on 1 October 2015 in Tokyo, as a Joint Venture between Johnson Controls and Hitachi Appliances. The Chief Executive Officer of the company is Shoji Akiyama.[2] The shares of its major subsidiary in India are traded on the Bombay Stock Exchange under symbol JCHAC.
 Corporate logo since 2015 | |
| ISIN | INE782A01015 |
|---|---|
| Industry | |
| Founded | 2015[1] |
| Headquarters | Tokyo, Japan |
Area served | Worldwide |
Key people | Shoji Akiyama (CEO) Shinichi Iizuka (COO) |
| Products | |
Number of employees | 15,000+ (2018)[1] |
| Parent | Johnson Controls (60%) Hitachi Appliances (40%) |
| Website | www www |
Acquisition
In July 2024, Johnson Controls said it would sell its residential and light commercial buildings business to Bosch for $6.7 billion. As part of the deal, Bosch will acquire 100% of the Johnson Controls-Hitachi Air Conditioning joint venture, including Hitachi’s 40% stake. Johnson Controls will continue selling York and Coleman products, while the Hitachi brand will remain in Asia under a long-term license with Bosch Home Comfort Group.[3]
India
In India, Hitachi air conditioners are manufactured and marketed by Hitachi Home & Life Solutions India Ltd, which is a joint venture between Hitachi Homes and the Johnson Controls group based in Ireland. The company is headquartered in Ahmadabad, Gujarat. It has another Global Development Center in Kadi, Gujarat.[4]
Gallery
Johnson Controls Hitachi R&D Centre in India
Hitachi Indoor Unit
Hitachi Outdoor Unit
