Kyocera announced on the 20th that it plans to invest 62.5 billion yen (approximately $486 million) to expand its semiconductor parts factory in Kagoshima, Japan, and aims to put it into operation in October next year.
The company said that with the increase in demand from 5G and data centers, the production capacity of semiconductor components in the new factory will increase the company's revenue by about 10%.
At present, Kyocera's Kagoshima Kawauchi factory in Kagoshima Prefecture is one of its main factories, producing ceramic package materials for semiconductors and other uses.
Construction of the new factory will start in May and will become Kyocera's largest plant in Japan when completed, with an expected annual production capacity of 33 billion yen by fiscal 2024.
