Pentax 2005 Annual Report Download - page 27

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3. New Business Development
The third challenge, after Information Technology and Eye Care, is
the need to develop a new, third line of business. Hoya’s objective
is to develop a new business that capitalizes on Hoya’s proprietary
technologies and can respond to the new trends of the 21st
century by focusing on an area where demand can be expected
to grow over the long term. Hoya will seek to obtain and develop
new technologies by means of its own R&D capabilities and
through venture capital investments. In addition, it aims to acquire
new business infrastructure through M&A.
Hoya is exploring the potential offered by a variety of fields of
business. Here, three new fields that are currently under
development are introduced. Hoya has good expectations of their
potential to take root and grow as new businesses.
3C-SiC
With the advent of the practical application of hybrid automobiles
and fuel cell powered vehicles being near at hand, demand is
growing for energy-efficient, high-power electronic devices with
low power loss. Early on, Hoya recognized the potential of silicon
carbide (SiC) as a material for high-power semiconductors, and it
has engaged in the development of large diameter monocrystal
cubic SiC (3C-SiC). It has also commenced device development, as
a means of accelerating the practical application of 3C-SiC devices.
Hoya is currently devoting resources to the development of high-
power electronic devices for automobiles, with the aim of
deploying these devices in full-scale prototype trials.
Optical Communications Systems
In the telecommunication industry, technologies are being
developed rapidly for high-speed, high-volume optical data transfer
and high-speed wireless mobile communications. Hoya is keeping a
close watch on the development of integrated technologies
affecting the optical devices of these communications and
associated connection technologies. Following the collapse of the
optical fiber communications boom, Hoya has continued to invest
in the development of optical communications technologies with a
view to the long term. The optical communications field has been
floundering for some time, but with the commencement of IP
telephone and video-on-demand services in Japan and the United
States, signs of the next growth stage are beginning to emerge.
Hoya will revitalize its development efforts in this field,
concentrating on low-loss, integrated modules.
Glass Substrates
Utilizing its ultra-precise processing technologies and thin film
coating technologies for glass materials, Hoya has developed glass
substrates for double-sided fine circuitry. Potential practical
applications in the high-speed wireless communications field are
being actively examined, given these products’ superior high-
frequency characteristics, capability for minutely detailed
processing, and capacity for double-sided electrical connectivity.
These substrates are expected to give an extra boost to the
miniaturization and reliability of wireless communication modules,
and Hoya is accelerating development work to make the most of
this potential.
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