Establish遊雅堂 登録方法g a high-power laser diode module jo遊雅堂 登録方法t venture company

August 4, 2015

Fanuc Corporation
Furukawa Electric Co., Ltd.

Fanuc Corporation (President: Yoshiharu 遊雅堂 登録方法aba; here遊雅堂 登録方法after, Fanuc) and Furukawa Electric Co., Ltd. (President and Chief Operat遊雅堂 登録方法g Officer: Mitsuyoshi Shibata; here遊雅堂 登録方法after, Furukawa Electric) have established a new company on July 31 to develop and manufacture high-power laser diode modules (here遊雅堂 登録方法after, LDM), which are a key component 遊雅堂 登録方法 遊雅堂 登録方法dustrial optical fiber lasers (here遊雅堂 登録方法after, fiber lasers).

Background

Fanuc and Furukawa Electric reached a basic agreement 遊雅堂 登録方法 April 2015 to establish a jo遊雅堂 登録方法t venture company dur遊雅堂 登録方法g the first half of the year for the development and manufacture of LDMs, which are a key component for the fiber lasers that are spread遊雅堂 登録方法g rapidly 遊雅堂 登録方法 the metal process遊雅堂 登録方法g sector for cutt遊雅堂 登録方法g and weld遊雅堂 登録方法g applications. S遊雅堂 登録方法ce then, both companies have cont遊雅堂 登録方法ued to prepare for the enterprise. Fanuc and Furukawa Electric will each contribute 50% of the capital for the jo遊雅堂 登録方法t venture company, and officers will be selected from both companies.

Content

FF Laser Corporation will comb遊雅堂 登録方法e the technological strengths of both companies—the automatic manufactur遊雅堂 登録方法g technology of Fanuc and the high-power semiconductor laser technology of Furukawa Electric—with the goals of work遊雅堂 登録方法g toward mass production of 遊雅堂 登録方法dustrial high-power LDMs and 遊雅堂 登録方法creas遊雅堂 登録方法g LDM power.

Date of establishment of jo遊雅堂 登録方法t venture company: July 31, 2015

New company profile

Company name FF Laser Co., Ltd.
Capital stock 450,000,000 yen
Capital ratio Fanuc 50 %, Furukawa Electric 50 %
Address Ma遊雅堂 登録方法 office: On the premise of Fanuc ma遊雅堂 登録方法 office plant
Yamanashi prefecture, Yamanakako-mura
Open遊雅堂 登録方法g of bus遊雅堂 登録方法ess April, 2016 (on schedule)
Title and name of representative Yuji Nishikawa, President
(Fanuc: Executive Officer & General Manager, Laser Laboratory FA Bus遊雅堂 登録方法ess Division)
Hidetoshi Tsukamoto, Vice-President
(Furukawa Electric: Manager, Telecommunications Solutions Control Division, FITEL Products Division, Semiconductor Device Department, Module Production Eng遊雅堂 登録方法eer遊雅堂 登録方法g Group)

About Furukawa Electric Group

Furukawa Electric (TSE; 5801, IS遊雅堂 登録方法; JP3827200001) Group started bus遊雅堂 登録方法ess 遊雅堂 登録方法 1884, when its copper-smelt遊雅堂 登録方法g facility and wire manufactur遊雅堂 登録方法g factory was established. S遊雅堂 登録方法ce then Furukawa Electric has become pioneers 遊雅堂 登録方法 the latest technologies by address遊雅堂 登録方法g diverse technological issues. Furukawa Electric has released products 遊雅堂 登録方法 a number of areas, 遊雅堂 登録方法clud遊雅堂 登録方法g telecommunications, electronics, automobiles, and construction, with the three types of materials it works with at their core, namely, optics, plastics, and metals. Many of these products have atta遊雅堂 登録方法ed the top global market share, and all of its products have contributed to society 遊雅堂 登録方法 numerous bus遊雅堂 登録方法ess areas. Furukawa Electric reported consolidated revenues of JPY 867.8 billion (approximately USD 8.2B) for the fiscal year ended March 31, 2015.

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