Hitachi Ltd. said Thursday it will spin off its home appliance group and industrial components and equipment group in an effort to speed up management decisions.
The moves, expected by April, are part of Hitachi's overall plan to streamline and strengthen its troubled operations through mergers and alliances.
Hitachi and other Japanese electronics makers have been hit hard by the global downturn.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.