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March 29th, 2004
Funai to form R&D unit in nanotechnology
On Wednesday Funai Electric Co will set up a wholly owned research and design (R&D) subsidiary for nanotechnology, with an eye toward shifting its focus to more advanced products. The new unit, which will be capitalized at 260 million yen (US$2.5 million), will start operations in Kawasaki with a staff of around 10.
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