Mitsui & Co. Makes $50 Million Investment in Brightstar.Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, Aug 11, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - Mitsui Mitsui: see zaibatsu. & Co. has completed a US$50 million investment in Brightstar Corp., the leader of wireless supply chain and distribution services companies in the world. Under the terms of the investment, Mitsui will hold one of the largest shareholder positions including a seat on the board of directors of Brightstar. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the two companies, the investment will support Brightstar's global expansion activities, with a focus on identifying and collaborating on business opportunities throughout the world, especially in the Asia-Pacific Region. Since its inception in 1997, Brightstar has provided integrated supply chain and logistics services to mobile handset The part of the telephone that contains the speaker and the microphone. On a desktop phone, the part you hold in your hand is the handset. On a cellphone, the entire phone is the handset. See multihandset cordless and headset. vendors and mobile operators. Today, Brightstar's geographic coverage includes over 40 facilities delivering devices and solutions in over 30 countries, making it the leading wireless supply chain and distribution services company in the world. In the fiscal year ended Dec 31, 2005, Brightstar exceeded US$2.2billion in revenue. Mitsui and Brightstar are currently working together in Australia and have also agreed to jointly evaluate opportunities in the fast-growing Asia-Pacific market. A focus is on Brightstar's new operations in Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. with regional headquarters in Singapore supporting the Philippines, Malaysia, Indonesia, Thailand and Vietnam. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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