OKI Expands Production Scale in China for ATMs and Printers.Oki OKI Okinawa
OKI Open Knowledge Initiative (Massachusetts Institute of Technology)
OKI Ohio-Kentucky-Indiana (also KOI) Electric Shenzhen Shenzhen (shĕn`jŭn`), city (1994 est. pop. 695,600), S Guangdong prov., China, on the South China Sea, N of Hong Kong. Designated a special economic zone in 1979, the city's spectacular economic growth led China to create over a dozen more Relocates Into New Site and Holds an Opening Ceremony
SHENZHEN, China -- The OKI Group today announced it has relocated re·lo·cate
v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates
To move to or establish in a new place: relocated the business.
v.intr. Oki Electric Industry (Shenzhen) Co., Ltd. (OSZ OSZ Operation Spam Zombies (US FTC and others)
OSZ Organisation Secrète Zéro (French) ), the Group's ATM and printer manufacturing company in China. Operation at the new site started in January January: see month. 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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 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 July: see month. 2001, with volume production of ATMs from October October: see month. 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 Shenzhen Special Economic Zone (Chinese: 深圳经济特区), established in May 1980, is the first special economic zone in the People's Republic of China. Four other special economic zones were subsequently established. . 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 Noun 1. square meter - a centare is 1/100th of an are
centare, square metre
area unit, square measure - a system of units used to measure areas 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 Communicating information, including data, text, pictures, voice and video over long distance. See communications. 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.
* Names of companies and products are trademarks or registered trademarks of the respective companies and organizations.