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RICOH ESTABLISHES SUBSIDIARY RICOH ELECTRONIC DEVICES KOREA.

AsiaPulse News

| April 03, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(Full text of a statement. Contact details below.)

TOKYO, April 3/KYODO JBN-AsiaNet/- Ricoh Company, Ltd. (President and CEO : Masamitsu Sakurai) announces the establishment of a local subsidiary, Ricoh Electronic Devices Korea Co., Ltd. (REDK) in Kangnam-ku, Seoul, Korea as of April 3, 2006, to focus on customer service and support for the expansion of semiconductor business in Korea.

REDK is to provide technical and sales support of Ricoh semiconductor products through its marketing activity in Korea. Sales of products will continue to be handled through Ricoh's current distributors.

Ricoh has built worldwide leadership in Power Management ICs, Power/Audio Management LSIs, Li-Ion Battery Protection ICs for Cellular Phone and Card Interface LSIs for PCs. Ricoh hopes to expand its current customer base and its semiconductor business in Korea by providing close customer support through the new REDK company.

About REDK

Company Name: Ricoh Electronic Devices Korea Co., Ltd. ...

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