Tokyo, July 1, 2009 - (JCN Newswire) - Showa Denko K.K. (SDK) today started up Showa Denko HD Yamagata K.K., a new hard disk (HD) media production subsidiary located in Higashine City, Yamagata Prefecture, Japan. The site is SDK's fourth HD media production site in the world following the existing sites in Chiba Prefecture (Japan), Singapore and Taiwan.
The new subsidiary has been established as a result of the transfer to SDK of Fujitsu Limited's HD media business.
SDK will step up development and production at Showa Denko HD Yamagata to ensure stable supply of the product to customers. Fully utilizing the rich stock of technologies at the new subsidiary, SDK will aim to soon realize synergies in R&D and production.
As the world's largest independent HD media supplier, SDK will continue developing and supplying large-capacity HD media to meet customer needs.
Outline of the new company
Company name: Showa Denko HD Yamagata K.K.
Head office location: Higashine City, Yamagata Prefecture, Japan
Representative: Hideo Ichikawa (Director and Corporate Officer;
Executive Officer, HD Sector, SDK)
Capital: 450 million yen (owned 100% by SDK)
Scope of business: Development, production and sale of HD media
Number of employees: Approximately 360
About Showa Denko
Showa Denko K.K. ('SDK'; TSE: 4004, US: SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. SDK makes petrochemicals (ethylene, propylene), aluminum products (ingots, rods), electronic equipment (hard disks for computers) and inorganic materials (ceramics, carbons). The company has overseas operations and a joint venture with Netherlands-based Montell and Nippon Petrochemicals to make and market polypropylenes. In March 2001, SDK merged with Showa Denko Aluminum Corporation to strengthen the high-value-added fabricated aluminum products operations, and is today developing next-generation optical communications-use wafers. For more information, please visit www.sdk.co.jp .
Contact:
Showa Denko K.K. (SDK)
IR & PR Office
Phone: +81-3-5470-3235
July 1, 2009
Source: Showa Denko
Showa Denko (TSE: 4004) (U.S: SHWDF)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
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