Kobe Steel blames data scandal on focus on profits and lack of controls


TOKYO: Kobe Steel Ltd said a lack of quality controls and a focus on profits was behind the widespread data tampering that has shaken up the supply chains of car and plane makers around the world.

Japan’s third-largest steel maker, which has posted losses in the last two business years, promised to automate more of its operations and reorganise its quality control systems to recover from one of the nation’s biggest corporate scandals.

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Business , kobe , scandal , steel

   

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