Oki and Fujitsu Establish New Mobile Telecommunications Systems Company
Tokyo, February 2, 2000 -- Oki Electric Industry Co., Ltd. and Fujitsu
Limited announced today that they have set up a joint venturecompany called Mobile
Techno Corporation to develop hardware and software for International Mobile Telecommunications-2000
(IMT-2000)-compatible mobile telecommunications systems. The new company, in which
Oki has 65% ownership and Fujitsu 35%, will focus on planning, analysis, design
and development of next-generation mobile telecommunications systems.
Mobile Techno will initially work on developing infrastructure systems for
IMT-2000 standard base stations, but eventually will expand its scope to a wide
range of development work for mobile telecommunications systems. During the next
few years, the new company will concentrate on developing commercially viable
IMT-2000 products as well as enhancing performance and expanding options. Subsequently,
the company plans to develop IMT-2000-derived products, including wireless communications
systems for commercial users and WLL (Wireless Local Loop) systems.
Oki and Fujitsu have jointly developed an experimental cdma2000 base station
for DDI/IDO, which has been favorably evaluated by the Japanese telecommunications
group. The new joint venture will enable the launch of IMT-2000 standard products
more quickly and efficiently on a global basis. Moreover, Oki and Fujitsu will
use the new venture as a platform for exploration of further possibilities for
cooperation in the mobile communications business.
Mobile Techno Corporation is targeting first-year sales of 2 billion yen.
[Mobile Techno Corporation]
| Address: |
Kawasaki |
| Capital: |
200 million yen (65% Oki, 35% Fujitsu) |
| Establishment: |
Jan. 19, 2000 |
| President: |
Hideo Sugihara (formerly director at Oki Comtec Co., Ltd) |
| Employees: |
about 80 |
[Glossary]
| IMT-2000: |
Global standard for third-generation mobile telecommunication systems. Service
will start in 2001.. |
| cdma2000: |
One of the global standards for IMT-2000. A successor standard to cdmaOne,
which is currently available in Japan. |
| *All company names mentioned may be trademarks or registered trademarks
of their respective holders and are used for identification purpose only. |
About Oki Electric Industry Co., Ltd.
Founded more than a century ago in 1881, Oki Electric Industry Co., Ltd. is Japan's
first telecommunications manufacturer headquartered in Tokyo, Japan. With more
than 20,000 employees worldwide, Oki Electric provides customers with top-notch
products and technologies for telecommunication systems, information systems and
electronic devices through its corporate slogan "Oki, Network Solutions for a
Global Society." Oki's all manufacturing facilities are ISO9001 and ISO14001 certified.
About Fujitsu Limited
Fujitsu Limited (TSE: 6702) is a leading provider of comprehensive information
technology and network solutions for the global marketplace. Comprising over 500
group companies and affiliates worldwide -- including ICL, Amdahl and DMR Consulting
Group -- the Fujitsu Group had consolidated revenues of 5.24 trillion yen ($43.3
billion) in the fiscal year ended March 31, 1999. With world-class hardware and
software technology in computers, telecommunications and microelectronics, and
a corps of 55,000 systems and services experts around the world, Fujitsu is uniquelypositioned
to harness the power of the network to help its customers succeed. Altogether,
the Fujitsu Group has 188,000 employees and operations in over 100 countries.
Home page: http://www.fujitsu.co.jp/en/
Press Contact:
Oki Electric Industry Co., Ltd.
Public Relations Division
Phone: +81-3-3580-8950 |
|
