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Hitachi bullish on prospects despite UK nuclear plant pullout

CEO Higashihara sees ABB power grid acquisition as 'black ship' of reform

Hitachi President and CEO Toshiaki Higashihara promised to make "contributions to infrastructure and employment in the U.K." despite ending its participation in a nuclear project. (Photo by Yuki Kohara)

TOKYO -- Hitachi's withdrawal from a 3 trillion yen ($28.4 billion) nuclear power plant project in the U.K. has not ended the Japanese industrial conglomerate's ambitions to become a "truly global company," according to CEO Toshiaki Higashihara.

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