Word: kiki
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Dates: during 1970-1970
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...subcontracting work to locally owned firms in Japan and Western Europe, and are still expanding that practice. Ford Motor, for example, has signed up Tokyo Shibaura Electric to make most of the generators that will go into its 1971 models, and is dickering to have another Japanese firm, Dieel Kiki, supply many of the compressors needed in auto air-conditioning systems. Lately a growing number of American firms have gone further to set up their own component-manufacturing operations in the lower-wage Asian nations, Signetics Corp., a Corning Glass Works subsidiary, for instance, flies components to Seoul, South Korea...