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Japan's Omron to invest 84 mln USD in LCD backlight biz

Xinhua, April 16, 2015 Adjust font size:

Japan's electronics manufacturer Omron Corporation has decided to invest approximately 10 billion yen (84 million U.S. dollars) over the next two years to boost its business in medium and small-sized liquid-crystal display backlights and is directed at the market for smartphones, announced the company on Thursday.

"This investment will be principally aimed at the input of technical human resources to expand capacity for backlight-unit development and production, the design and manufacture of high- precision metal molds and reinforcement of setups for automated production," said the Kyoto-based company, a global leader in the field of automation.

The Omron Corporation said in a release that it would send about 50 technical personnel from all group companies to Omron Precision Technology Co., Ltd. (OPT), Omron's backlight business, in a program to strengthen research and development activities there, reinforce its setup for design and manufacture of metal molds as the foundation for mass production and higher performance, and accelerate automated production.

Meanwhile, the corporation is newly opening the OPT Mishima Factory, which will operate, from the summer of 2015, as a site for manufacture of molds for backlights directed to high-spec smartphones.

"With operation of the Mishima Factory, we plan to greatly shorten the lead time from design to manufacture while augmenting our production capacity for molds during fiscal 2015 (April 1,2015- March 31, 2016)," said the corporation.

"In addition, by consolidating our domestic production of molds and concentrating our capabilities for technology development, we are going to promote automation in the assembly process through application of our control technology (Omron's special competence) and know-how. This will empower us for swift response to the rapid changes in product cycle and requirements for faster creation of thinner products with higher definitions," it said.

Established in 1933, Omron Corporation has more than 37,000 employees in over 35 countries providing products and services in a variety of fields including industrial automation, electronic components, social systems and healthcare. Endi