OKI to Acquire Nippon Avionics' Assembly Operations
Published: 07 July 2016
by Mike Buetow
TOKYO -- OKI continued its push into EMS with an agreement to buy Nippon Avionics' (Avio) printed circuit board business.
The two companies will start negotiations on technologies and facilities transfer and a range of certifications by Oct. 1, with a target completion date of Mar. 31, 2018.
Most of Avio’s printed circuit board business will be transferred to OKI Printed Circuits and OKI Circuit Technology, OKI’s EMS business sites.
OKI expects 2016 EMS revenue of 48 billion yen ($475 million). It acquired Yokogawa Electric's printed circuit board manufacturing and assembly factory in Ome on April 1.
Avio has been making PCBs since 1964 for a host of aerospace equipment and semiconductor inspection equipment OEMs.
