Omron to enter the market for optical communications devices
Applying the technology that brought Omron s current products to fruition, Omron anticipates significant lowering of costs through a proprietary fine replicable processing technology. The revolutionary optical waveguide manufacturing technology that Omron possesses will become the key to each optical communications device and replicable processing technology is expected to lead to a 90% decrease in costs.
Presently the market for optical communications devices is spreading from long-haul and metropolitan area networks to the domain of offices and homes. Omron is targeting in-home fiber optic networks and hopes to establish a defacto standard in various devices that will be commonly used in connecting equipment.
The global market for optical communications products has been estimated to grow to 11 trillion yen in 2005. Forecasting sales in the optical communications device business field of 20 billion yen in 2005, Omron is budgeting a total investment for development of 5 billion yen. Moreover, Omron will also tie-up with other companies to quickly expand its optical communications device business.
About Omron
Headquartered in Kyoto, Japan, OMRON Corporation is a global leader in the field of automation. Established in 1933 and headed by President Yoshio Tateisi, Omron has more than 25,000 employees in over 35 countries working to provide products and services to customers in a variety of fields including industrial automation, electronic components industries, and healthcare. The company is divided into five regions and head offices are in Japan (Kyoto), Asia Pacific (Singapore), China (Hong Kong), Europe (Amsterdam) and US (Chicago).
Christopher Udell
Tokyo
TEL: 81-3(3436)7139
E-mail: christopher_udell@omron.co.jp
Web site: http://www.omron.com
