Illuminating a Future Shaped by Common Goods and Shared Values

Summary

Summary

Konica Minolta (KMI) established a joint venture (JV) with FPT Software to address challenges in embedded software development for multifunction printers (MFPs).

The JV aims to secure global development resources, reduce costs, and retain core technologies. FPT plays a central role, contributing advanced IT capabilities including AI and cloud services. Over its first year, the JV exceeded business targets, expanded KM’s global footprint, and fostered innovation through synergy.

The collaboration has enabled KMI to shift from outsourcing to strategic partnership, enhancing internal tech ownership and operational stability. The JV structure maximizes the strengths of both companies—KMI’s manufacturing expertise and FPT’s digital innovation. Together, they plan to expand into new domains such as healthcare, sensing, and semiconductors. The keynote emphasizes shared values and a vision for sustainable growth, positioning the JV as a model for future global partnerships.

Together, they plan to expand into new domains such as healthcare, sensing, and semiconductors. The keynote emphasizes shared values and a vision for sustainable growth, positioning the JV as a model for future global partnerships.

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Key Takeaways

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Why Vietnam

Vietnam blends Japan’s discipline, India’s tech and China’s relation-building. At FPT, high employee retention also enables stable collaboration and strong knowledge sharing.

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Strategic Formation of the JV with FPT

KMI formed a JV with FPT to tackle MFP software challenges by securing global resources, optimizing costs, and retaining core tech, from the strategic hub of Vietnam.

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FPT’s Role as a Digital Partner

The JV taps FPT Software’s tech (AI, cloud, and IT services) and talent in Vietnam to expand services, drive digital transformation, and support KMI’s strategic growth.

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Impact, Achievements & Vision of the JV

In its first year, the JV exceeded targets, boosted KMI’s global reach and lower cost. Both now aim to expand services, drive innovation, and build a future of shared value.