Furuno Electric expects to triple boat product sales

TOKYO — Bloomberg News reports that Furuno Electric Co., the world’s largest marine electronics maker, expects its sales of pleasure-boat products to triple to $326.6 million in five years on demand from China.

“A private-boating culture is emerging in China,” President Yukio Furuno said at a meeting held for analysts in Tokyo yesterday. “The government is building marinas, expanding the potential of the country’s pleasure-boat market.”

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