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Stock impact report

Mitsubishi Electric Delivers Smart-meter System to Taiwan Market as First Overseas Project

MITSUBISHI ELEC UNSP/ADR (MIELY) 
NASDAQ:AMEX Investor Relations: mitsubishielectric.com/company/ir/index.html
Company Research Source: Business Wire
Realizes stable smart-meter network for advanced control of power supply and demand TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that, in cooperation with system integrator Glory Technology Service Inc. and Taiwan’s leading telecommunications company Chunghwa Telecom Co., Ltd., it has supplied Taiwan Power Company (Taipower) with a headend system as the central point for managing and controlling smart meters, and also communication modules to be embedded into the smart meters and data concentrator units. The system is already in partial operation as the first smart meter system delivered by Mitsubishi Electric outside Japan.Mitsubishi Electric’s BLEnDer® headend system is software package responsible for the core functions of the smart meter infrastructure, including data collection and communication control, and is flexibly compatible with various communication methods. The solution utilizes low-cost communication method to form its own mes Show less Read more
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