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News Release

Furukawa Electric establishes J/V an automotive Wiring Harness with Delphi Corp in the US

December 7, 2004

The Furukawa Electric will establish the Joint Venture in the US with Delphi Corp, which is world's largest automotive component supplier. The joint venture is named Delphi Furukawa Wiring Systems LLC and it will be responsible for sales and Wiring Harness for Toyota in North America.

Purpose of joint venture establishment

Delphi Furukawa Wiring Systems LLC has the abilities for design, development and quality control of Wiring Harness succeeded from Furukawa Electric and the abilities for system integration, manufacturing and customer support in North America from Delphi, in order to meet and exceeds the customer's expectations. The joint venture is responsible for the sales and engineering activities for the Wiring Harness, which both Delphi and Furukawa Electric have agreed upon for Toyota programs in North America, and it will take charge of sales activities directly to the customer.
Regarding the manufacturing of Wiring Harness, the joint venture will utilize existing Delphi's operation facility under its direction, in order to put know-how from the both parent companies.

Company profile

Name : Delphi Furukawa Wiring Systems LLC
President : James W. Borzi
Head Office Location : Warren, OH USA
Produc: : Automotive Wiring Harness for Toyota in North America

The company has been promised to have the businesses for Wiring Harness for future vehicles manufactured in the North America.

Company profile of Delphi Corporation (NYSE: DPH)

World's largest automotive component supplier
Head Quarter: Troy, MI USA
CEO: J.T. Battenberg III

Delphi is the automotive component supplier, became independent from General Motor Co., in 1999 and is ranked 56th largest company in the US nationwide, by the Fortune magazine, March 2004. Delphi has more than 85,000 employees and 175 manufacturing and engineering facilities in 34 countries. For more information, please visit Delphi web site (http://www.delphi.com/).

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