Kyocera plans to invest $470 million to build a new factory
Apr. 6, 2023 /SemiMedia/ — According to Nikkei Asia, Kyocera recently announced that it will invest 62 billion yen (470 million U.S. dollars) in new factories for fine ceramic components for Semiconductor-related applications and semiconductor packaging materials.
The report pointed out that Kyocera’s new factory will be located in Isahaya City, Nagasaki Prefecture, Japan, with the goal of achieving mass production in 2026, and is expected to achieve an output value of 25 billion yen in fiscal year 2028.
“We will capture the market for advanced semiconductor components, which will double in the medium to long term,” Kyocera said.
Kyocera noted that demand for components is expected to continue to grow as semiconductor technology advances, the capabilities of smartphones and other communication devices grow, 5G base stations and data centers expand, and innovations in electric vehicles proliferate.
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