Founded in 1910 by electrical engineer Namihei Odaira in the Hitachi province of Japan. Initially the company designed and built five horsepower electric induction motors, developed for use in copper mining but by the early 1920’s Hitachi equipment was widely regarded as the domestic leader in electric motors and electric power industry infrastructure. Hitachi continued to build and innovate electronic based products supplying manufacturing, military, defense and all areas of the Japanese economy.
In the late 1950’s Hitachi expanded to other areas of Asia and USA, then in the early 1980’s created a European subsidiary. Hitachi equipment is now involved in a wide range of sectors from telecommunications to power generating, ATMs to construction and engineering to transport.
In March 2011, Hitachi agreed to sell its hard disk drive subsidiary, Hitachi Global Storage Technologies, to Western Digital for $4bn, still one of the biggest corporate deals in history and In November 2012, Hitachi and Mitsubishi Heavy Industries agreed to merge their thermal power generation businesses into a joint venture creating a world dominant leader in the sector.
With over 300,000 employees and a presence in over 120 countries Hitachi equipment is used widely in the electronics, industrial machinery, telecommunications equipment, power plants, information systems, automotive components and materials and construction equipment industries.