During trips to Dongguan and Shenzhen, he was repeatedly solicited by local officials to construct an R&D centre.
"They even talked specifics, like the size of tax breaks we’d enjoy if we did set up shop," revealed Sekine.
Sumitomo Osaka Cement Co recently built a plant in Dongguan for optical communication parts.
Although the company makes cutting-edge products at home, "It’s better for us to produce in close proximity to large-lot Chinese manufacturers since they operate at a lightning pace."
Sekine said that sooner or later the company will produce state-of-the-art products and establish a development centre in China. And "unless the Japanese government expands tax breaks and other sweeteners, job opportunities will be lost," he warned.
