Dec. 28, 2022 /SemiMedia/ -- According to Nikkei Asia, Kyocera plans to expand its investment in semiconductors, increasing its total investment and R&D expenditure capital to 1.3 trillion yen (about $9.78 billion) in the three fiscal years ending March 2026.
The report pointed out that the company will also raise funds, mortgage its KDDI (Japan Telecom Corporation) stock for the first time, and borrow up to 1 trillion yen at the same time. Kyocera plans to shift to aggressive investments in areas including ceramic components while maintaining its debt-free management policy.
Earlier, Kyocera announced that it plans to invest 62.5 billion yen to expand the semiconductor parts factory in Kagoshima, Japan, which will be put 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 plant will increase the company's revenue by about 10%.
