MarketOki Electric Industry
Company Profile

Oki Electric Industry

Oki Electric Industry Co., Ltd. , commonly referred to as OKI, OKI Electric or the OKI Group, is a Japanese information and communications technology company, headquartered in Toranomon, Minato-ku, Tokyo and operating in over 120 countries around the world.

Company history
OKI of telecommunication (1881–1950s) Founding The company was founded by Kibataro Oki (1848–1906), an engineer formerly employed at a Kobusho (Ministry of Industry) factory. In 1877, only a year after Alexander Graham Bell's invention, Kubusho had started an effort to make telephone receivers by reverse engineering and Oki was in the team that came up with the first prototype. In January 1881, convinced that the nation was about to enter the age of communications, Kibataro Oki founded Meikōsha, which was later renamed OKI. The company manufactured the first telephone in Japan in 1881, five years after Bell invented the phone, and exhibited a silver-award-winning lacquer-coated wire at the 1885 International Inventions Exhibition in London. Early years OKI contributed immensely to the proliferation of phones in Japan under the country's Telephone Expansion Plans. The company saw the need of automatic exchanges as well, as phones became common. Asano Soichiro of Asano zaibatsu, a predecessor of the Fuyo Group, was elected to chairman in 1912. Pre and post wars During World War I, wartime demand brought large profits to OKI as demand for telephone service increased. A strong demand emerged for the PBX (Private Branch Exchange), the largest system of which in Japan installed by OKI. In addition to business from Japan, overseas business also grew, providing railroad-type printers, portable telephones and electric wires outside Japan. From around 1920, OKI achieved notable advances in its technical development of the common-battery switchboard. Asano Soichiro's son was appointed to the next chairman in 1931. which was a successful business-use PC business. It also added a facsimile business unit in search of private sector demand. In 1982, OKI introduced the world's first cash-recycling ATM, allowing deposited banknotes to be immediately used for withdrawal. ;Printers • Microline • , 82/83, 84, 92/93 • 180, , 190, • 280, 292/293, 294 • 320 , 321, 380, 390 FB, 393, 395 • 520/521, 590/591 • Okimate 10, • Pacemark • 2350, 2410 • 3410, 4410 • Laserline 6 ;ICs • MSM5232 8-channel tone generator • MSM6242 RTC • MSM6295 4-channel ADPCM OKI of network solutions (1990s) In the early 90s, Japanese economy was in the midst of recession that continued after the bubble economy collapsed, which also hit a strong blow to OKI's business. In October 1994, OKI spun off its printer and facsimile business, and established Oki Data Corporation. In the later 90's, with the spread of the Internet, OKI worked on being recognized as a company that offers network solutions. In December 1990, the OKI 900 cell phone was marketed. The phone was famous in phone phreaking culture for its advanced debugging menu allowing eavesdropping of others cell phone calls and observation of cell phone network operation. 2000s In 2004, OKI released its IP CONVERGENCE Server SS9100, the industry's first Microsoft. Net-compliant server, and in 2006, released its Center Stage NX5000, a carrier-grade communication server compliant with next-generation networks. In 2008, as part of its business selection and concentration measures, OKI spun off its semiconductor business to Rohm Co., Ltd. == Controversies ==
Controversies
Despite Russian invasion of Ukraine, OKI continues its operations in Russia. The company has not publicly disclosed any plans to withdraw or suspend its activities in the Russian market. Notably, in 2012, OKI delivered its ATM-Recycler G7 cash-recycling ATMs to Alfa-Bank, Russia's largest private bank, marking the first installation of Japanese-made cash recyclers in the country. == Subsidiaries ==
Subsidiaries
Oki Data Americas, Inc., a subsidiary of Oki Data Corporation of Japan, produces PC peripheral equipment under the OKI brand, including digital color and monochrome printers, serial impact dot matrix printers, multifunction products and facsimiles. The history of Oki Data Americas can be traced back to 1972 when the company was founded as a joint venture between two Philadelphia entrepreneurs and their Japanese customer, Oki Electric, to develop and produce information technology products. One of its popular products was the Okimate 10 thermal transfer printer, one of the first affordable color printers for early home computers. Oki Data Americas, Inc. relocated from Mt. Laurel, NJ and is headquartered in Irving, Texas. Other Oki Data Americas offices are in Mississauga, Canada; Mexico City, Mexico; and São Paulo, Brazil. Oki Data Americas ceased sales of all Oki-branded hardware as of March 31, 2021. Oki data produced printer will continue to be sold in the United States under their distribution partners brand, IntoPrint. ==Sponsorships==
Sponsorships
Oki sponsored English Premier League football club Portsmouth F.C. from 2005 to 2009. From 2003 to 2008, Oki owned the naming rights to Jubilee Oval in Kogarah, Sydney, Australia, which was the home ground of National Rugby League team St George Illawarra Dragons. Oki was also the major sponsor of 1.FC Kaiserslautern from 1990 to 1996. During the 1998–1999 season OKI sponsored the French Ligue 1 team HSC Montpellier. ==Gallery==
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