, Japan

Furukawa Electric to manufacture superconductor materials

Japan's Furukawa Electric Co plans to announce details of its acquisition of a superconductor materials maker, reports Reuters.

 

Furukawa Electric has been focusing on superconducting power cables for more efficient power transmission in transformers, power storage devices and electrical generators, for use in power plants and smart grids.

A Furukawa Electric spokeswoman declined to give further details on the deal.

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