Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Business With ATMs losing money, Oki pins hopes on contract services Snubbed by investors, Japanese company nurturing fourth pillar of earnings An Oki plant in Saitama Prefecture that handles the company's contract manufacturing services.
KENSUKE YUASA, Nikkei staff writer October 12, 2017 05:36 JST | Japan
Oki Electric Industry seeks to create a new earnings driver at a time when its money-losing ATM business has kept investors away and left the company's stock in the doldrums.
Oki derives much of its earnings from three sources: telecommunications services, printers and ATMs. It positions contract electronics manufacturing services as a potential fourth pillar.
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