The 2020 Mid-Year Economic Update_long

Schneider Electric Forms Joint Venture in China

Schneider Electric has finalized the formation of Delixi Electric, its new 50/50 joint venture in China for low-voltage products.
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The joint venture will be focused on the manufacturing, marketing and distribution of low-voltage products to the Chinese market. It will also expand its business model into targeted countries.
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Delixi employees about 14,000 employees across China.
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Schneider has 112,000 employees and operations in 190 countries. It had sales of & euro; 13.7 billion in ...

Schneider Electric has finalized the formation of Delixi Electric, its new 50/50 joint venture in China for low-voltage products.
&nbsp ;
The joint venture will be focused on the manufacturing, marketing and distribution of low-voltage products to the Chinese market. It will also expand its business model into targeted countries.
&nbsp ;
Delixi employees about 14,000 employees across China.
&nbsp ;
Schneider has 112,000 employees and operations in 190 countries. It had sales of & euro; 13.7 billion in 2006.

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