Oki Data Corp. said Tuesday it has tied up with a Chinese firm in a bid to expand its sales of light-emitting diode color printers in China.
Under the tieup with Beijing Vivid Ocean Century Technology & Development Co., the unit of Oki Electric Industry Co. hopes to sell 10,000 LED color printers in China in fiscal 2005, which ends next March.
Color printer sales in China are projected to rise to more than 100,000 units in calendar 2005 from 35,000 in 2003.
The Chinese seller of information-technology products has a nationwide sales network that would allow Oki Data to expand its marketing area in China.
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