Mitsubishi Electric Corporation, established on 15 January 1921, is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi. The products from MELCO include elevators and escalators, high-end home appliances, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites.(三菱電機株式会社, Mitsubishi Denki kabushiki gaisha, also abbreviated as MELCO)
MELCO was established as a spin-off from the Mitsubishi Group's other core company Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become the major electronics company.
In early 2020, MELCO was identified as a victim of the year-long cyberattacks perpetrated by the Chinese hackers.
As of 2013, MELCO's business network around the world were the following:
Until September 2016, the company had a corporate team which is now known as the Nagoya Diamond Dolphins