TOKYO--(BUSINESS WIRE)--Dec 25, 2024--
OKI (TOKYO: 6703) has entered a strategic partnership with global technology corporation FPT, through its subsidiary FPT Japan, agreeing partial ownership of OKI’s two software development subsidiaries in China. The collaboration is set to accelerate software development capabilities and drive global business expansion for both companies.
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Under the agreement, starting April 1, 2025, Oki Data Dalian Co., Ltd. and OKI Software Technology Co., Ltd. will be rebranded as FPT OKI Dalian Limited Liability Company and FPT OKI Changzhou Limited Liability Company, respectively. FPT Japan will hold a 65% stake, while OKI will retain 35%. This initiative also aligns with OKI’s Medium-Term Business Plan 2025, which focuses on restarting overseas business, optimizing global offices, and building strategic global partnerships to enhance long-term resilience in today’s complex economic environment.
By combining FPT’s global reach and technological prowess with OKI’s industrial expertise in social infrastructure, the partnership will provide advanced software solutions to global markets, with an initial focus on Japan, China, and the ASEAN region. The joint entities will prioritize developing innovative, high-efficiency business models powered by FPT’s AI-driven ecosystem to enhance business continuity, mitigate risks, and enable sustainable growth. This also includes talent development, tapping into FPT’s capabilities in AI, ERP, automotive technology, and digital transformation to cultivate a highly skilled, future-ready workforce that will drive joint initiatives and capitalize on emerging growth opportunities.
“2024 marks a year of significant growth for FPT in the Japanese market, driven by major contracts, strategic investments, and the opening of new offices. Our partnership with OKI reflects a shared commitment to leveraging technology as a catalyst for both business transformation and societal advancement,” said Do Van Khac, FPT Software SEVP and FPT Japan CEO, FPT Corporation.
“This collaboration also marks the start of FPT's ongoing support for restarting overseas business as outlined in OKI's Medium-Term Business Plan 2025, paving the way for impactful global expansion. By combining OKI's deep market insights with FPT's technological expertise and experience in delivering large-scale projects, we are well-positioned to deliver innovative solutions that address evolving market needs and enable companies across industries to achieve operational excellence and business agility,” he added.
After nearly two decades in Japan, FPT has become one of the largest foreign-invested technology firms in the country by human resource capacity. The company delivers services and solutions to over 450 clients globally, with 4,000 employees across 17 offices and innovation hubs in Japan and 15,000 professionals supporting this market worldwide. Leveraging its well-established position in Japan and global resources, the tech firm also recently opened an office in Dalian, China to extend support and provide end-to-end digital solutions to regional and thousands of Japanese companies operating here.
About Oki Electric Industry Co., Ltd. (OKI)
Founded in 1881, OKI is Japan's leading information and telecommunication manufacturer. Headquartered in Tokyo, Japan, OKI provides top-quality products, technologies, and solutions to customers through its Public Solutions, Enterprise Solutions, Component Products, and Electronics Manufacturing Services businesses. Its various business divisions function synergistically to bring to market exciting new products and technologies that meet a wide range of customer needs in various sectors. Visit OKI's global website at https://www.oki.com/global/.
About FPT
FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam. FPT operates in three core sectors: Technology, Telecommunications, and Education. During over three decades of development, FPT has constantly provided practical and effective products to millions of people and tens of thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map. Keeping up with the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions, and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers. In 2023, FPT recorded a total revenue of USD 2.17 billion and 48,000+ employees. For more information about global IT services, please visit https://fptsoftware.com/.
Takahiro Mori, Representative Director and CEO, OKI (L) and Do Van Khac, FPT Software SEVP and FPT Japan CEO, FPT Corporation (R) (Photo: Business Wire)
Five Palestinian journalists have been killed by an Israeli strike in the Gaza Strip, the Health Ministry said Thursday. Israel's military said it targeted a group of militants allied with Hamas, which ignited the war with its Oct. 7, 2023, attack in southern Israel.
The strike hit a vehicle outside the Al-Awda Hospital in the Nuseirat refugee camp. Associated Press video showed the burned shell of a van with press markings. The journalists were working for the local news outlet Al-Quds Today, a television channel affiliated with the Islamic Jihad militant group.
More than 130 Palestinian reporters have been killed since the start of the war, according to the Committee to Protect Journalists. Israel has not allowed foreign reporters to enter Gaza except on military embeds.
Israel's bombardment and ground invasion in Gaza has killed over 45,000 Palestinians, more than half of them women and children, according to Gaza’s Health Ministry, which does not distinguish between fighters and civilians in its count.
Hamas’s attack on southern Israel in October 2023 resulted in the deaths of about 1,200 people, while 250 others were taken hostage by Palestinian militants. Around 100 hostages are still being held in Gaza, although only two-thirds are believed to still be alive.
Here’s the latest:
BEIRUT — The Lebanese military said Thursday that Israeli troops encroached on areas of southern Lebanon, violating a ceasefire agreement that ended the war between Israel and the Hezbollah group.
The U.S.-brokered ceasefire that went into effect a month ago called for Hezbollah militants and Israeli troops to leave southern Lebanon over a 60-day period as Lebanese army soldiers gradually deploy in the country south of the Litani River. The Israeli military did not immediately comment on the reported incident.
Meanwhile, Lebanon’s state-run National News Agency said Israeli bulldozers are setting up dirt barricades that would close off the road between Wadi Slouqi and Wadi Hujeir.
Lebanon’s military said it brought reinforcements into the areas entered by Israeli troops. NNA said the United Nations peacekeeping mission in Lebanon, known as UNIFIL, sent a patrol unit to an area near the southern town of Qantara where Israeli forces are present.
UNIFIL in a statement expressed its “concern at continuing destruction by the IDF (Israeli military) in residential areas, agricultural land, and road networks in south Lebanon.”
Lebanese army chief General Joseph Aoun earlier Thursday traveled to Saudi Arabia as part of ongoing efforts by the cash-strapped military to find financial support to deploy in larger numbers.
The Lebanese military and government have complained about Israeli strikes and overflights in the country to a new monitoring committee headed by the U.S. that also includes France.
DEIR AL-BALAH, Gaza Strip — An Israeli strike killed five Palestinian journalists outside a hospital in the Gaza Strip overnight, the Health Ministry said Thursday. The Israeli military said it had targeted a group of militants.
The strike hit a car outside the Al-Awda Hospital in the built-up Nuseirat refugee camp in the central part of the territory. The journalists were working for the local Quds News Network.
The military said it targeted a group of fighters from Islamic Jihad, a militant group allied with Hamas, whose Oct. 7, 2023, attack into southern Israel ignited the war. Associated Press video showed the incinerated shell of a van, with press markings still visible on the back doors.
The Committee to Protect Journalists says over 130 Palestinian reporters have been killed since the start of the war. Israel has not allowed foreign reporters to enter Gaza except on military embeds.
BEIJING — China has pledged two more shipments of humanitarian aid to Gaza, in an indication of support for the Palestinian Authority, state media reported Thursday. The agreement was overseen in Cairo by Chinese Ambassador to Egypt Liao Liqiang and Palestinian Ambassador to Egypt Diab al-Louh.
“To ease the humanitarian conditions in the Gaza Strip, the Chinese government has continued to provide assistance to Palestine,” Liao was quoted as saying. The types and quantities of aid to be delivered via Egypt were not given, but China has previously shipped food and medicine to Gaza. China has longstanding ties with the Palestinian Authority but has also sought to strengthen economic and political relations with Israel.
Al-Louh “voiced appreciation for China’s consistent and firm support for the just cause of the Palestinian people and for raising this issue on international occasions," state media said.
UNITED NATIONS — The U.N. Security Council will hold an emergency meeting on Monday at Israel’s request to discuss recent attacks by Yemen’s Houthi rebels.
Israel’s U.N. Mission said Wednesday the meeting will take place at 10 a.m. Monday.
Israeli U.N. Ambassador Danny Danon said he expects the council will condemn the Houthi attacks.
He urged the council “to enforce international law and hold Iran, the Houthis’ patron, accountable.”
Alluding to Israeli retaliation for the attacks, Danon said ”It seems that the Houthis have not yet understood what happens to those who try to harm the state of Israel.”
Locals stand next to a damaged building after the latest Israeli military operation, in the West Bank city of Tulkarem, Thursday, Dec. 26, 2024. (AP Photo/Matias Delacroix)
A mourner cries while she takes the last look at the body of a relative, one of eight Palestinians killed, during their funeral following the withdrawal of the Israeli army, in the West Bank city of Tulkarem, Thursday, Dec. 26, 2024. (AP Photo/Matias Delacroix)
Mourners carry the bodies of killed Palestinians, some wrapped with the Islamic Jihad flag, during their funeral following the withdrawal of the Israeli army, in the West Bank city of Tulkarem, Thursday, Dec. 26, 2024. (AP Photo/Nasser Nasser)
A mourner cries after taking the last look at the body of a relative, one of eight Palestinians killed, during their funeral following the withdrawal of the Israeli army, in the West Bank city of Tulkarem, Thursday, Dec. 26, 2024. (AP Photo/Matias Delacroix)
Mourners react as they carry the bodies of five Palestinian journalists who were killed by an Israeli airstrike in Gaza City at the Al-Aqsa Hospital in Deir al-Balah, Thursday, Dec. 26, 2024. (AP Photo/Abdel Kareem Hana)
A relative mourns over the body of one of the five Palestinian journalists who were killed by an Israeli airstrike in Gaza City at the Al-Aqsa Hospital in Deir al-Balah, Thursday, Dec. 26, 2024. (AP Photo/Abdel Kareem Hana)
Palestinians, mostly journalists, gather around the bodies of five Palestinian journalists who were killed by an Israeli airstrike in Gaza City, at the Al-Aqsa Hospital in Deir al-Balah, Thursday, Dec. 26, 2024. (AP Photo/Abdel Kareem Hana)
A woman reacts during the funeral of five Palestinian journalists who were killed by an Israeli airstrike in Gaza City at the Al-Aqsa Hospital in Deir al-Balah, Thursday, Dec. 26, 2024. (AP Photo/Abdel Kareem Hana)
Relatives and friends mourn over the bodies of five Palestinian journalists who were killed by an Israeli airstrike in Gaza City at the Al-Aqsa Hospital in Deir al-Balah, Thursday, Dec. 26, 2024. (AP Photo/Abdel Kareem Hana)
