Sumitomo Electric Electronic Wire Phase III Project Starts Operation

On June 13, Sumitomo Electric (Suzhou) Electronic Wire Products Co., Ltd. held a ceremony to launch the completion of the third phase of the electronic wire plant. In order to meet the development needs of China's new energy vehicle market, Sumitomo Electric invested in the construction of the third phase of the plant, introduced advanced technology products, and expanded the production scale of wire products in the field of new energy vehicles. It is expected that after reaching full production, the production capacity of high-performance special electronic wires will be increased by 6,000 kilometers per year, further improving the new energy vehicle industry chain in the region.