JVC 2001 Annual Report Download - page 15

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< 12 VICTOR COMPANY OF JAPAN, LIMITED 13 >
the base upon which bare chip semiconductors are mounted. We are actively developing
semiconductor package substrates that yield improved surface mounting density and are
applicable to high-frequency digital equipment. We are looking to expand market share by
ensuring a stable supply and lowering costs. The commencement of production in China will
underpin this drive.
D-ILA devices have the potential to be core components of next-generation displays because
they generate high luminance and high resolution. Our goal is to establish an earnings stream
from D-ILA devices by starting sales to outside customers in fiscal 2001, ending March 31, 2002.
We are promoting ILA displays that use D-ILA devices as the quintessential component of home
theater systems in the U.S. market. These multiuse displays let people enjoy high-resolution
pictures in their preferred location and on any screen size. ILA displays are also being promoted
for professional-use projectors and multiuse cinemas. At the 2002 FIFA World Cup Korea/
Japan™, we will propose a virtual stadium using JVC’s system. This is just one example of how
we will create a new value chain powerfully linked by our advanced components.
PRODUCTION BASE INTEGRATION AND RESOURCE REALLOCATION TO RAISE COMPETITIVENESS
With the view to dramatically raising the operating income ratio, we are reviewing products
with low profitability while integrating production bases. We have already reduced our
domestic plants from 10 in fiscal 1999 to 7. By the end of March 2003 our goal is to have either
4 or 5 plants. Overseas, we intend to reorganize our six plants, centered in Asia, into five. At
the same time, we will bolster overseas production by striking up alliances. Our focus is not
merely on lowering costs. We also want to enhance the skills of engineers and attract talented
individuals who can contribute to our pursuit of new devices. Specific goals are to double the
number of engineers at our R&D center from the current 100 by the end of March 2004.
development of epoch-making products