Oki to enhance investment in LEDs

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Oki Electric Industry and Oki Data Corp announced Monday that the Oki Group will increase its LED (light-emitting diode) production for print heads used in its non-impact printers, and enhance new LED-related businesses. This will be achieved by acquiring an LED production facility in Takasaki City in Gunma Prefecture with a “clean room” that is approximately twice the area of the room used currently.

Oki aims to further enhance its non-impact printer business in addition to developing new businesses using LED technology. This investment is the first step in Oki’s new growth strategy, through which it plans to accelerate new business developments.

“Oki has been revamping its business structure and we now focus on two business areas: ‘Info-telecom converged business’ and ‘mechatronics business,’ which is represented by ATMs and printers. We have been shifting resources and creating strong technologies and solutions to achieve robust business growth,” said Hideichi Kawasaki, president of Oki Electric Industry. “This is the first of many decisions I will be making with regard to developing new businesses to accelerate our growth strategy. I believe that increasing our LED production capacity will enable us to apply our competitive LED technology not only to our printers but also to new areas, such as ultra small displays, where growth is expected.”