Anritsu establishes new ventures in line with strategic growth aims
In 2021, the first year of Anritsu three-year plan to expand growth at the peak of the 5G market, the company established both new internal research and development (R&D) ventures and partnerships with external organizations. In June 2021, Anritsu established AK Radio Design Company, a joint venture with Kozo Keikaku Engineering, to provide assistance with applying for and obtaining the licenses needed to implement local 5G, as well as with post-introduction operational processes. During the same month, Anritsu established the Anritsu 5G Lab, a facility which enables visitors to experience and test solutions needed for various aspects of local 5G implementation and operation.
Balance Sheet|Structural|M&A|Discontinued ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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