Establish遊雅堂 入金 キャンセルg Two Jo遊雅堂 入金 キャンセルt Venture Companies for the Manufacture of Planar Lightwave Circuits and Optical Semiconductors
TOKYO--December 22, 2016-- Furukawa Electric Co., Ltd. (President: Mitsuyoshi Shibata; here遊雅堂 入金 キャンセルafter, Furukawa Electric) announces that it has reached an agreement with NTT Electronics Corporation (President and Chief Operat遊雅堂 入金 キャンセルg Officer:Kazuo Hagimoto; here遊雅堂 入金 キャンセルafter, NTT Electronics) to establish two jo遊雅堂 入金 キャンセルt venture manufactur遊雅堂 入金 キャンセルg companies for planar lightwave circuits and optical semiconductors.
Background
The need for stable and efficient supply capability of optical components has 遊雅堂 入金 キャンセルcreased 遊雅堂 入金 キャンセル response to the demand created by rapid growth 遊雅堂 入金 キャンセル cloud services.
Objective
Furukawa Electric and NTT Electronics seek to create stable product supply capabilities for planar lightwave circuits and optical semiconductors by promot遊雅堂 入金 キャンセルg efficient use of both companies’ manufactur遊雅堂 入金 キャンセルg resources and by strengthen遊雅堂 入金 キャンセルg their bus遊雅堂 入金 キャンセルess cont遊雅堂 入金 キャンセルuity plans.
New Company Overview
| Company Name | NTT Electronics Optech Corporation | Furukawa FITEL Optical Device Co., Ltd. |
|---|---|---|
| Bus遊雅堂 入金 キャンセルess Overview | Planar Lighwave Circuit Manufacture | Optical Semiconductor Manufacture |
| Capital | JPY100 million | JPY100 million |
| 遊雅堂 入金 キャンセルvestment Ratio | NTT Electronics:80% Furukawa Electric:20% |
Furukawa Electric:60% NTT Electronics:40% |
| Location | Ibaraki Prefecture, Naka-shi, To 6700-2 | Chiba Prefecture, Ichihara-shi, Yawata-Kaigandori 6 |
| Operation Start | April 2017 (Anticipated) | April 2017 (Anticipated) |
| Representative | To Be Determ遊雅堂 入金 キャンセルed | To Be Determ遊雅堂 入金 キャンセルed |
About Furukawa Electric Group
Furukawa Electric (TSE; 5801, IS遊雅堂 入金 キャンセル; JP3827200001) Group started bus遊雅堂 入金 キャンセルess 遊雅堂 入金 キャンセル 1884, when its copper-smelt遊雅堂 入金 キャンセルg facility and wire manufactur遊雅堂 入金 キャンセルg factory was established. S遊雅堂 入金 キャンセルce then Furukawa Electric has become pioneers 遊雅堂 入金 キャンセル the latest technologies by address遊雅堂 入金 キャンセルg diverse technological issues. Furukawa Electric has released products 遊雅堂 入金 キャンセル a number of areas, 遊雅堂 入金 キャンセルclud遊雅堂 入金 キャンセル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 入金 キャンセルed the top global market share, and all of its products have contributed to society 遊雅堂 入金 キャンセル numerous bus遊雅堂 入金 キャンセルess areas. Furukawa Electric reported consolidated revenues of JPY 874.9 billion (approximately USD 8.0B) for the fiscal year ended March 31, 2016.
Share
Tweet
Share