Establishing a high-power laser diode module joint venture company
Fanuc Corporation (President: Yoshiharu Inaba; hereinafter, Fanuc) and milan米兰体育官网 Co., Ltd. (President and Chief Operating Officer: Mitsuyoshi Shibata; hereinafter, milan米兰体育官网) have established a new company on July 31 to develop and manufacture high-power laser diode modules (hereinafter, LDM), which are a key component in industrial optical fiber lasers (hereinafter, fiber lasers).
Background
Fanuc and milan米兰体育官网 reached a basic agreement in April 2015 to establish a joint venture company during the first half of the year for the development and manufacture of LDMs, which are a key component for the fiber lasers that are spreading rapidly in the metal processing sector for cutting and welding applications. Since then, both companies have continued to prepare for the enterprise. Fanuc and milan米兰体育官网 will each contribute 50% of the capital for the joint venture company, and officers will be selected from both companies.
Content
FF Laser Corporation will combine the technological strengths of both companies—the automatic manufacturing technology of Fanuc and the high-power semiconductor laser technology of milan米兰体育官网—with the goals of working toward mass production of industrial high-power LDMs and increasing LDM power.
Date of establishment of joint venture company: July 31, 2015
New milan米兰体育官网
| Company name | FF Laser Co., Ltd. |
|---|---|
| Capital stock | 450,000,000 yen |
| Capital ratio | Fanuc 50 %, milan米兰体育官网 50 % |
| Address | Main office: On the premise of Fanuc main office plant Yamanashi prefecture, Yamanakako-mura |
| Opening of business | April, 2016 (on schedule) |
| Title and name of representative | Yuji Nishikawa, President (Fanuc: Executive Officer & General Manager, Laser Laboratory FA Business Division) Hidetoshi Tsukamoto, Vice-President (milan米兰体育官网: Manager, Telecommunications Solutions Control Division, FITEL Products Division, Semiconductor Device Department, Module Production Engineering Group) |
About milan米兰体育官网 Group
milan米兰体育官网 (TSE; 5801, ISIN; JP3827200001) Group started business in 1884, when its copper-smelting facility and wire manufacturing factory was established. Since then milan米兰体育官网 has become pioneers in the latest technologies by addressing diverse technological issues. milan米兰体育官网 has released products in a number of areas, including 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 attained the top global market share, and all of its products have contributed to society in numerous business areas. milan米兰体育官网 reported consolidated revenues of JPY 867.8 billion (approximately USD 8.2B) for the fiscal year ended March 31, 2015.
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