"Hard Cell-Turkish home-electronics giant Vestel has designed its own range of fuel cells
Source:Economist Intelligence Unit
Turkish home-electronics giant Vestel has designed its own range of fuel cells with a view to breaking into a potentially huge global market
As the world’s third biggest producer of television sets and digital set-top boxes, Vestel,Turkey’s leading producer of home electronics, has established a reputation for the cheap and efficient manufacture of existing technology. Now, however, the company has announced that it has invested US$10m to compete with major international players like GE and Philips in designing its own range of high-tech fuel cells which it hopes to bring to market within three years. Vestel claims its designs offer both enormous improvements in efficiency on traditional energy products, and will help to reduce carbon emissions. And as one of the two designs makes heavy use of boron, if successful, it could turn Turkey’s reserves of that mineral into a highly lucrative resource."
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