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Aplix to set up IoT solution JV with HIKARI TSUSHIN

Thursday, 9 Nov 2017 

Nov 9(Reuters) - Aplix Corp <3727.T>:Says it plans to set up a Tokyo-based JV, which will be mainly engaged in IoT solution business and mobile phone sales business, with Hikari Tsushin Inc <<<9435.T>>>.Says the JV will be established on Jan. 4, 2018 and will be capitalized at 10 million yen.Says the company will hold a 51 percent stake in the JV . 

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