OKI and FPT Announce Capital and Business Alliance to Strengthen Global Strategic Partnership
December 25 2024 - 8:30PM
Business Wire
OKI (TOKYO: 6703) has entered a strategic partnership with
global technology corporation FPT, through its subsidiary FPT
Japan, agreeing partial ownership of OKI’s two software development
subsidiaries in China. The collaboration is set to accelerate
software development capabilities and drive global business
expansion for both companies.
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Takahiro Mori, Representative Director
and CEO, OKI (L) and Do Van Khac, FPT Software SEVP and FPT Japan
CEO, FPT Corporation (R) (Photo: Business Wire)
Under the agreement, starting April 1, 2025, Oki Data Dalian
Co., Ltd. and OKI Software Technology Co., Ltd. will be rebranded
as FPT OKI Dalian Limited Liability Company and FPT OKI Changzhou
Limited Liability Company, respectively. FPT Japan will hold a 65%
stake, while OKI will retain 35%. This initiative also aligns with
OKI’s Medium-Term Business Plan 2025, which focuses on restarting
overseas business, optimizing global offices, and building
strategic global partnerships to enhance long-term resilience in
today’s complex economic environment.
By combining FPT’s global reach and technological prowess with
OKI’s industrial expertise in social infrastructure, the
partnership will provide advanced software solutions to global
markets, with an initial focus on Japan, China, and the ASEAN
region. The joint entities will prioritize developing innovative,
high-efficiency business models powered by FPT’s AI-driven
ecosystem to enhance business continuity, mitigate risks, and
enable sustainable growth. This also includes talent development,
tapping into FPT’s capabilities in AI, ERP, automotive technology,
and digital transformation to cultivate a highly skilled,
future-ready workforce that will drive joint initiatives and
capitalize on emerging growth opportunities.
“2024 marks a year of significant growth for FPT in the Japanese
market, driven by major contracts, strategic investments, and the
opening of new offices. Our partnership with OKI reflects a shared
commitment to leveraging technology as a catalyst for both business
transformation and societal advancement,” said Do Van Khac, FPT
Software SEVP and FPT Japan CEO, FPT Corporation.
“This collaboration also marks the start of FPT's ongoing
support for restarting overseas business as outlined in OKI's
Medium-Term Business Plan 2025, paving the way for impactful global
expansion. By combining OKI's deep market insights with FPT's
technological expertise and experience in delivering large-scale
projects, we are well-positioned to deliver innovative solutions
that address evolving market needs and enable companies across
industries to achieve operational excellence and business agility,”
he added.
After nearly two decades in Japan, FPT has become one of the
largest foreign-invested technology firms in the country by human
resource capacity. The company delivers services and solutions to
over 450 clients globally, with 4,000 employees across 17 offices
and innovation hubs in Japan and 15,000 professionals supporting
this market worldwide. Leveraging its well-established position in
Japan and global resources, the tech firm also recently opened an
office in Dalian, China to extend support and provide end-to-end
digital solutions to regional and thousands of Japanese companies
operating here.
About Oki Electric Industry Co., Ltd. (OKI)
Founded in 1881, OKI is Japan's leading information and
telecommunication manufacturer. Headquartered in Tokyo, Japan, OKI
provides top-quality products, technologies, and solutions to
customers through its Public Solutions, Enterprise Solutions,
Component Products, and Electronics Manufacturing Services
businesses. Its various business divisions function synergistically
to bring to market exciting new products and technologies that meet
a wide range of customer needs in various sectors. Visit OKI's
global website at https://www.oki.com/global/.
About FPT
FPT Corporation (FPT) is a globally leading technology and IT
services provider headquartered in Vietnam. FPT operates in three
core sectors: Technology, Telecommunications, and Education. During
over three decades of development, FPT has constantly provided
practical and effective products to millions of people and tens of
thousands of business and non-business organizations worldwide,
establishing Vietnam’s position on the global tech map. Keeping up
with the latest market trends and emerging technologies, FPT has
developed the Made-by-FPT ecosystem of services, products,
solutions, and platforms, which enables sustainable growth for
organizations and businesses and offers distinctive experiences to
customers. In 2023, FPT recorded a total revenue of USD 2.17
billion and 48,000+ employees. For more information about global IT
services, please visit https://fptsoftware.com/.
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Media Contacts Oki Electric Industry Co., Ltd. Public
Relations E-mail: press@oki.com
Mai Duong (Ms.) FPT Corporation FPT Software PR Manager
MCP.PR@fpt.com