德赢AC米兰官方合作伙伴

December 22, 2016

德赢AC米兰官方合作伙伴 Corporation
德赢AC米兰官方合作伙伴 Co., Ltd.

TOKYO--December 22, 2016-- 德赢AC米兰官方合作伙伴 Co., Ltd. (President: Mitsuyoshi Shibata; hereinafter, 德赢AC米兰官方合作伙伴) announces that it has reached an agreement with NTT Electronics Corporation (President and Chief Operating Officer:Kazuo Hagimoto; hereinafter, NTT Electronics) to establish two joint venture manufacturing companies for planar lightwave circuits and optical semiconductors.

Background

The need for stable and efficient supply capability of optical components has increased in response to the demand created by rapid growth in cloud services.

Objective

德赢AC米兰官方合作伙伴 and NTT Electronics seek to create stable product supply capabilities for planar lightwave circuits and optical semiconductors by promoting efficient use of both companies’ manufacturing resources and by strengthening their business continuity plans.

New Company Overview

Company Name 德赢AC米兰官方合作伙伴 Optech Corporation Furukawa FITEL Optical Device Co., Ltd.
Business Overview Planar Lighwave Circuit Manufacture 德赢AC米兰官方合作伙伴 Manufacture
Capital JPY100 million JPY100 million
Investment Ratio 德赢AC米兰官方合作伙伴:80%
德赢AC米兰官方合作伙伴:20%
德赢AC米兰官方合作伙伴:60%
德赢AC米兰官方合作伙伴: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 Determined To Be Determined

About 德赢AC米兰官方合作伙伴 Group

德赢AC米兰官方合作伙伴 (TSE; 5801, ISIN; JP3827200001) Group started business in 1884, when its copper-smelting facility and wire manufacturing factory was established. Since then 德赢AC米兰官方合作伙伴 has become pioneers in the latest technologies by addressing diverse technological issues. 德赢AC米兰官方合作伙伴 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. 德赢AC米兰官方合作伙伴 reported consolidated revenues of JPY 874.9 billion (approximately USD 8.0B) for the fiscal year ended March 31, 2016.