Kyocera Corporation has announced plans to invest 62 billion Japanese yen (approximately $470 million USD) in a new factory for semiconductor-related components, marking the company's first production factory in Japan in 20 years. The new factory will be located in the city of Sasebo, Nagasaki Prefecture, with the goal of achieving mass production by 2026 and an estimated production value of 25 billion Japanese yen by the 2028 fiscal year.
According to a report by Nikkei Asia, Kyocera President Hideo Tanimoto stated that the company aims to "dominate the advanced semiconductor component market, which is expected to double in the medium to long term." In the electronics industry, the demand for components is expected to continue to grow as technology advances, devices become smaller, and new innovations in areas such as 5G, ADAS, and EV emerge.
Kyocera plans to produce fine ceramic components and semiconductor packaging materials for various semiconductor-related applications in the new factory. Tanimoto also cited the convenient transportation system and abundance of semiconductor professionals in Sasebo as reasons for choosing the location for the new factory.
It is important to take note of Kyocera's investment in the semiconductor market and the company's efforts to meet the growing demand for components in various applications. The new factory is expected to provide new opportunities for business partnerships and collaboration in the industry.