• Hitachi's Opto-Device Division Incorporated into OpNext

    Eatontown, NJ, October 3, 2002 -- OpNext, Inc., has announced the transfer of the Opto-Device Division of Semiconductor and Integrated Circuits, Hitachi, Ltd. to OpNext, Inc. The Opto-Device Division designs, manufactures, and sells devices and modules for the access communication, fiber optic backbone and metro markets, in addition to the information and industrial markets.
    Oct. 3, 2002

    Eatontown, NJ, October 3, 2002 -- OpNext, Inc., has announced the transfer of the Opto-Device Division of Semiconductor and Integrated Circuits, Hitachi, Ltd. to OpNext, Inc. The Opto-Device Division designs, manufactures, and sells devices and modules for the access communication, fiber optic backbone and metro markets, in addition to the information and industrial markets.

    With a solid technology base in lasers, including high power lasers for DVD applications, receivers, and packaging, the Opto-Device Division will continue to build on its unique capabilities in low cost mass production.

    Optical network systems vendors are increasingly demanding complete modular solutions, and OpNext is moving to address these needs through this transfer. In order to fulfill customer requirements, suppliers must deliver more compact solutions, which offer higher performance at lower costs with greater product functionality.

    The addition of the Opto-Device Division will strengthen and expand OpNext's position in the optical component market by securing a line of high power, high quality lasers at a lower cost. OpNext will continue to service its clients in the data and telecommunication markets, but it will also focus on the information and industrial markets made possible by this transfer.

    For more information, visit www.opnext.com .

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