Murakami Corp., a Japanese producer of automobile rearview mirrors, said it agreed with Gentex Corp. Of the US to cooperate in expanding sales of and technology for electrochromic automatic dimming mi…
Murakami Corp., a Japanese producer of automobile rearview mirrors, said it agreed with Gentex Corp. Of the US to cooperate in expanding sales of and technology for electrochromic automatic dimming mirrors (ECM). The ECM market was worth 30 billion yen in 1998, and is growing by more than 10% yearly, a Murakami spokesman said. Murakami also said a joint venture with Magneti Marelli Spa will be dissolved by 31 December at the Italian car component maker“s initiative, the spokesman said. In February, Murakami and Magneti Marelli formed a joint venture, Murakami Marelli Europe SA, in Deuze, France, to produce car rearview mirrors.