OKI Signs Agreement on Transfer of Yokogawa’s Printed Circuit Board Factory in Ome
March 30 2015 - 10:00PM
Business Wire
- Strengthening production capability for
further expanding of EMS business -
OKI (TOKYO:6703) today announces that, on March 26, OKI has
signed an agreement with Yokogawa Electric Corporation on the
transfer of Ome Factory of Yokogawa Manufacturing Corporation, a
plant of printed circuit board manufacturing and assembly, to OKI
Printed Circuits, an OKI Group company responsible for OKI's
printed circuit board business, effective April 1. The printed
circuit board manufacturing and assembly at Ome Factory for
Yokogawa Electronic Corporation will be transferred to OKI and
continuously manufactured at the factory.
Meanwhile, Yokogawa Manufacturing Corporation and OKI concluded
an agreement on the transfer of overall printed circuit board
assembly and part of apparatus assembly in Yokogawa Manufacturing
Corporation’s Kofu Factory. Thereafter, OKI is entrusted from
Yokogawa Electronic Corporation the full amount of printed circuit
board manufacturing and assembly in Japan while enabling increase
in production capability of printed circuit boards by 20% that
leads OKI’s electronic manufacturing services (EMS) business
expansion.
Announced on November 12, 2013, OKI's ‘Mid-term Business Plan
2016’ positions high-end EMS as a growth area drawing on its
advanced production technologies and quality control capabilities.
Launched in 1965, OKI's printed circuit board business has won
renown for its large, multilayer boards based on its prominent
technologies, including the world's first 102-layer printed circuit
board. To expand its EMS business, OKI faces the need both to
expand its printed circuit board business and to further enrich its
integrated production system, OKI’s advantage in EMS business,
ranging from printed circuit boards through assembly of final
products.
Since launching its printed circuit board manufacturing in 1969,
Yokogawa Electronic Corporation has manufactured a wide range of
printed circuit boards for in-house control and measurement
instruments with high-reliability at Ome Factory, which is the only
domestic production site.
In response to continuous facility investment and significant
technological progress in printed circuit board manufacturing and
assembly, Yokogawa Electronic Corporation had recently been
repositioning its printed circuit board business while moving
forward with business structural reforms. Identifying OKI’s
technical capabilities enabling high reliability and robust results
of high-mix production in its EMS business as well as its future
possibilities, Yokogawa Electronic Corporation reached an agreement
with OKI to ensure the continuity of the transferred business and
the transferred factory’s employment.
[Overview of Ome Plant resulted from this transfer:] (on and
after April 1, 2015)Name: OKI Printed Circuit Ome PlantAddress:
3-8-2 Fujihashi, Ome-shi, TokyoLines of business: manufacturing and
assembly of printed circuit boardsSite area: 11,300 sq.m.Number of
employees: 77
About OKI Electric Industry (OKI)
Founded in 1881, OKI Electric Industry is Japan's leading
telecommunications manufacturer in the Info-telecom field.
Headquartered in Tokyo, Japan, OKI provides top-quality products,
technologies, and solutions to customers through its info-telecom
systems and printer operations. Its various business divisions
function synergistically to bring to market exciting new products
and technologies that meet a wide range of customer needs in
various sectors. Visit OKI's global website at
http://www.oki.com/.
Notes:
- The names of the companies and products
mentioned in this document are the trademarks or registered
trademarks of the respective companies and organizations.
OKI Electric IndustryMayuko Noto, +81-3-3501-3835Public
Relations Divisionpress@oki.com