Tokyo, February 2, 2000 -- Oki Electric Industry Co., Ltd. and
Fujitsu Limited announced today that they have set up a joint venture
company 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/product 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. Visit Oki's global web site at http://www.oki.com/.
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 uniquely
positioned 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.
Homepage: http://www.fujitsu.com/
| Press Contacts: |
|---|
Tomoko Go
Oki Electric Industry Co., Ltd.
Tel: +81-3-3580-8950 (Tokyo)
Fax: +81-3-3581-5522
E-mail: gou715@oki.co.jp
|
Isao Hirano, Bob Pomeroy, Scott Ikeda
Fujitsu Limited, Public Relations
Tel: +81-3-3215-5236 (Tokyo)
Fax: +81-3-3216-9365
E-mail: pr_mailbox@hq.fujitsu.co.jp
|