May. 24, 2023 /SemiMedia/ -- Kyocera announced on May 16 that it will invest 400 billion yen (about 2.9 billion U.S. dollars) in the construction of semiconductor-related production facilities in artificial intelligence and other fields by March 2026.

The company's overall capital expenditure for the next three years will reach a maximum of 850 billion yen, of which 400 billion yen will be used to focus on the core component business of semiconductors. The three-year capex plan will be the largest ever by Kyocera, both in terms of overall investment and semiconductor-related investments.

Kyocera will increase its production capacity for packaged products, as well as its production capacity for fine ceramic parts for semiconductor processing equipment. In addition, Kyocera will begin construction of a new factory in Nagasaki Prefecture in March 2024, and two major factories in Kagoshima Prefecture in southern Japan will undergo expansion. It is estimated that by March 2026, the output value of fine ceramic parts will reach 1.8 times that of March 2023.

"We will take advantage of the demand for advanced semiconductor components related to ChatGPT. In addition, we plan to increase the production of automotive capacitors. With the development of autonomous driving technology, the demand for automotive capacitors is also increasing," Kyocera President Hideo Tanimoto said.