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Sanyo Epson to build production subsidiary in the Philippines

Posted: 14 Feb 2005 ?? ?Print Version ?Bookmark and Share

Keywords:sanyo epson imaging devices? sanyo epson imaging devices? seph�display? epson precision (philippines)? eppr?

Sanyo Epson Imaging Devices Corp. will establish a wholly owned subsidiary in the Philippines this April. To be named Sanyo Epson Imaging Devices (Philippines) Inc. (SEPH), the subsidiary will take over the display manufacturing operations currently conducted by Epson Precision (Philippines) Inc. (EPPI), a wholly owned subsidiary of seiko epson Corp. (Epson).

As a preliminary step, EPPI will establish a wholly owned subsidiary, Epson Imaging Devices Philippines Inc., on February 15. Authorization for the move has come from the Philippine Economic Zone Authority.

EPPI was established in December 1994 as a base for the manufacturing of printers, mini-printers and for the assembly of printer boards. Since August 2004 it has also been carrying out back-end processing operations (manufacturing of modules) for Epson's LCDs. With the establishment of Sanyo Epson in October 2004, EPPI is spinning off its back-end operations, which will be taken over by SEPH, part of the Sanyo Epson organization, so as to establish an integrated manufacturing setup for LCDs from front-end through back-end processing.

Sanyo Epson says it is reorganizing its facilities for front-end processing of LCDs. In order to create competitively priced products with high added value, the company also considers it crucial to build up manufacturing capabilities for back-end operations. The establishment of SEPH is a part of this drive.

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