Sumitomo Electric Industries Ltd.
Company Snapshot
Company Overview
Sumitomo Electric Industries Ltd. (Sumitomo) is a producer, developer, and distributor of electronics, automotive, industrial materials, info-communications, and environment and energy products. The company provides a wide range of product portfolios, such as wiring harnesses, car electrical equipment, automotive hoses, antennas for broadcasting stations, telecommunication cables and equipment, optical fibers and wireless devices, electronic wire products, flexible printed circuits, and others. Sumitomo Electric Industries, Ltd. provides its product offerings through various segments: environment and energy, info-communications, automotive, electronics, industrial materials, and others. The flow battery products are provided under the environment and energy segment.
The company has a strong presence in more than 40 countries worldwide and has 197 group companies, 415 subsidiaries, and affiliates. Sumitomo Electric Industries, Ltd. strongly focuses on new research and development capabilities, with an investment worth $983.9 million in 2023 (at the end of March 2024). It has a strong employee strength of around 293,266 employees in 2023.
Financial Highlights (FY 2023)
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Company's Business Segments
- Automotive : Advancing technologies for electrification, high-speed communications, and infrastructure coordination, Global supply system for wiring harnesses,
- Environment & Energy : Renewable energy, power transmission, balancing the supply-demand of electricity, power grids, high-voltage cable, Rectangular magnet wires and others
- Industrial Materials & Others : High-precision, high-strength products, aircraft parts, electric vehicles and wind power generation with next generation CBN and new materials
- Electronics : Develop and supply high-performance interconnect products GX, DX, and CASE, High-performance FPC, High-performance wires and many others
- InfoCommunications : All-Photonics Network, s high-speed large-capacity and low-latency communications , AI and virtual space applications, Optical communication products
Applications/End User Industries
- Automotive Manufacturers (OEMs)
- Automotive Suppliers
- Aftermarket Customers
- Wiring Harnesses
- Electronic Components
- Automotive Components.
- Renewable Energy Developers
- Environmental Agencies
- Energy Transmission
- Energy Distribution
- Energy Management
- High-Voltage Cables
- Construction
- Consumer Goods Manufacturing
- Cemented Carbide Tools
- Cutting Tools
- Electronics Manufacturers
- Semiconductor Companies
- Consumer Electronics Companies
- Telecommunications Operators
