Key Safety Systems plans to bid for Takata – report

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KSS, which was acquired by Joyson Electronic, aims to increase inflator production to 100 million units by 2020

Key Safety Systems (KSS) is planning to bid for Takata which is grappling with recalls of millions of airbag inflators and is seeking potential buyers or investors to turn around its business, report Bloomberg citing a person familiar with the development.

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