The OKI Group announced it has
relocated Oki Electric Industry (Shenzhen) Co., Ltd. (OSZ), the Group’s
ATM and printer manufacturing company in China. Operation at the new
site started in January 2007, and today the Group held an opening
ceremony at the new location in Baiwangxin Industrial Area, Nanshan
District, Shenzhen, China. As the total floor space expands two-fold,
the production scale will dramatically increase and OKI is expecting
productivity to increase three-fold.
“We are very excited about this new production site, which has much
larger production capacity. OSZ is positioned as an important base for
OKI’s China business and global business, and we will continue to work
together with the people in China to expand OSZ as a large overseas
base,” said Katsumasa Shinozuka, CEO of Oki Electric Industry
(TOKYO:6703). “We will also contribute to the development of China by
providing high-quality products based on our advanced technologies.”
OSZ was established in July 2001, with volume production of ATMs from
October of that year and dot-impact printers from July 2002. It has
expanded steadily and in June 2005, OSZ started manufacturing color LED
printers in volume to respond to the rapidly increasing global color
page printer market. During the fiscal year ending March 2007, OSZ
shipped 200 thousand printers and slightly under 20 thousand ATMs
including the main units for ATMs.
As OSZ was reaching its production capability limit, OKI decided to move
into a new plant, in an industrial park, near the boarder of Shenzhen
Special Economic Zone. It is 30 minutes away from the former location by
car, and is close to the highway, maintaining a similar business
environment. The new plant is a four-story building with 52,000 square
meters of floor space, leaving enough room for future expansion. The
security level throughout the plant has been enhanced, using an
infra-red system and a 24-hour advanced video surveillance system.
OSZ will increase its production scale, aiming to manufacture 600
thousand printers, 30 thousand ATMs (including main units) a year.
About Oki Electric Industry (Shenzhen) Co., Ltd. (OSZ)
Chairman: Harushige Sugimoto
Address: No.6, Baiwangxin Industrial Area, Songbai Road, Baiwang,
Xili, Nanshan district, Shenzhen
Employees: Approx. 1,620 (As of March 31, 2007)
Established: July 5, 2001
Capital: 47.5 million dollars (HKD) (Oki Electric Industry Co.,
and Oki Data Corp. makes 100% investment through Oki
Hong Kong Ltd.)
Space
information: Size of site: 36,000 square meters
Total floor space: 52,000 square meters (13,000 square
meters x 4 floors)
Business: Production, sales, development and design of ATMs,
financial equipment, printers and consumables
About Oki Electric Industry Co., Ltd.
Founded in 1881, Oki Electric Industry Co., Ltd. is Japan’s first
telecommunications manufacturer, with its headquarters in Tokyo, Japan.
OKI provides top-quality products, technologies and solutions to its
customers through its info-telecom system business, semiconductor
business and printer business. All three businesses function as a
collective force to create exciting new products and technologies that
satisfy a spectrum of customer needs in various markets. Visit OKI’s
global web site at http://www.oki.com/.
About Oki Data Corporation
Founded in 1994, Oki Data Corporation is Japan’s printer/MFP
manufacturer, with its headquarters in Tokyo, Japan. Oki Data
Corporation provides top-quality products, technologies and solutions to
its customers through its printers and Multi-Function-Peripherals.
Through its business activities, Oki Data Corporation satisfies a
spectrum of customer needs in various markets. Visit OKI Printing
Solutions’ website at www.okiprintingsolutions.com.
