Establishing a high-power laser diode module joint venture company

August 4, 2015

Fanuc Corporation
Furukawa Electric Co., Ltd.

Fanuc Corporation (President: Yoshiharu Inaba; hereinafter, Fanuc) and Furukawa Electric Co., Ltd. (President and Chief Operating Officer: Mitsuyoshi Shibata; hereinafter, Furukawa Electric) have established a new company on July 31 to develop and manufacture high-power laser diode modules (hereinafter, LDM), which are a key component in industrial optical fiber lasers (hereinafter, fiber lasers).

Background

Fanuc and Furukawa Electric reached a basic agreement in April 2015 to establish a joint venture company during the first half of the year for the development and manufacture of LDMs, which are a key component for the fiber lasers that are spreading rapidly in the metal processing sector for cutting and welding applications. Since then, both companies have continued to prepare for the enterprise. Fanuc and Furukawa Electric will each contribute 50% of the capital for the joint venture company, and officers will be selected from both companies.

Content

FF Laser Corporation will combine the technological strengths of both companies—the automatic manufacturing technology of Fanuc and the high-power semiconductor laser technology of Furukawa Electric—with the goals of working toward mass production of industrial high-power LDMs and increasing LDM power.

Date of establishment of joint venture company: July 31, 2015

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