Date: 23rd Nov 2010
OKI sells 5 billion reed switches
OKI Electric Industry has announced that OKI Sensor Device,
an OKI Group company that develops, manufactures, and sells
reed switches, has reached the landmark figure of five billion
reed switch sales. Following the enhancements to the production
facility last month, the facility plans to expand sales
and increase annual production capacity to 400 million.
Reed switches turn on/off using electromagnetic induction
that brings contact points together. OKI established OKI
Sensor Device in 1996 and has continued to expand its operations
since then. OKI says its sensor device currently holds the
world's leading share in the reed switch market, providing
products to the worldwide market.
"The five billion sales milestone was achieved in
44 years since the start of the reed switch production,"
says Tetsuya Takayashiki, President of OKI Sensor Device.
"Today's announcement represents a major achievement
for us and we would like to express our gratitude to the
customers worldwide for making this happen. Moving forward,
we plan to meet a diverse range of customer needs by enhancing
reliability and functionality of our products."
The scope of application for reed switches, which are currently
used for various applications, including automobiles, IC
testers, home security equipment, and home appliances, is
expected to expand.