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Article: OKI Data Corporation to Acquire Production Line from Renesas Technology for LED Production.
- Article from:
- Business Wire
- Article date:
- July 6, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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-- Aimed at Expanding Production Scale of Print Heads for LED Printers --
TOKYO -- OKI Data Corporation and Renesas Technology Corp. today announced the conclusion of a basic agreement under which OKI Digital Imaging Corporation (ODI) will acquire the land, buildings, and utilities of the former semiconductor front-end process line (Takasaki, Gunma Prefecture) of the Gunma Development Design and Device Division of Renesas Eastern Japan Semiconductor, Inc.
OKI Data's medium-term business plan adopted in FY2008 calls for a doubling of the current level of LED printer sales by FY2011, and to accomplish this, the company must increase the scale of its LED ...