KYOCERA CORP S/ADR - KYOCY STOCK NEWS

Kyocera Corporation has announced the development of a new MLCC (Multi-layer Ceramic Capacitor) series with industry-leading capacitance of 10 microfarads in the 0201 size (0.6 mm x 0.3 mm). This significant advancement, set to have sample availability in September 2023 and mass production planned for April 2024, aims to meet the rising demand for compact high-capacitance components in smartphones and wearable devices. The new KGM03 series MLCCs represent a twofold increase compared to Kyocera's previous products, addressing the industry's critical need for miniaturization and efficiency. This innovation is vital as electronic circuits increasingly require advanced MLCCs to handle sophisticated functionalities in modern devices.

Kyocera Corporation announced plans to acquire 37 acres in Isahaya City, Nagasaki Prefecture, for a new smart factory. The facility will enhance production capabilities to meet rising demand for electronic components driven by advancements in semiconductors, 5G technology, and automotive innovations. Construction is expected to begin in October 2023, with production slated to start in 2026. The total investment is approximately 62 billion yen (around 466 million U.S. dollars), indicating significant commitment to expand operations and create jobs in the local economy.

Kyocera Corporation has introduced a new Contactless Intelligent Millimeter-Wave Sensing System capable of detecting minute mechanical vibrations without physical contact. The system, leveraging AI, enables wireless identification of human heartbeats and respiratory fluctuations, among other applications, marking a significant step in healthcare diagnostics and manufacturing monitoring. The sensor features a frequency of 60GHz, measuring 64.5 x 63.0 x 23.82 mm, and weighs 94g. This innovation addresses labor shortages and enhances efficiency in routine inspections, with a maximum sensing range of 5m. The company aims to integrate AI technologies for various applications.

Kyocera Corporation (TOKYO:6971) announced its financial results for the third quarter of FY2023, highlighting a 12.6% rise in sales revenue to JPY 1,526,497 million (USD 11,477 million), marking a record high. However, operating profit fell by 3.9% to JPY 113,884 million (USD 856 million) due to increased costs in raw materials and logistics. The company faced a slowdown in smartphone market demand and incurred extraordinary costs of approximately JPY 10 billion. For the fiscal year ending March 31, 2023, revised forecasts indicate slower growth and increased costs, projecting sales revenue of JPY 2,000,000 million.

KYOCERA SLD Laser, Inc. presents innovative laser products at the SPIE Photonics West Exhibition from January 31 – February 2, 2023, in San Francisco, CA. Featured are the new 5 watt blue laser diodes applicable in industrial, biomedical, defense, and display sectors. Additionally, KSLD introduces LaserLight SMD devices for high brightness applications and the DataLight high-speed LiFi system, a finalist for the 2023 Prism Award. The company aims to revolutionize optical power transmission using GaN technology, enhancing efficiency in mobility applications.

KYOCERA SLD Laser is set to unveil the world’s first LaserLight Headlight Modules at CES 2023 from January 5-8 in Las Vegas, NV. These modules provide high brightness white and IR illumination, enhancing night vision for automotive safety. Following a successful launch in 2019, the new headlight modules feature dual emission for improved visibility. Additionally, KYOCERA will exhibit innovations in LiFi communications and optical power transmission, reinforcing its leadership in laser light technologies and mobility applications.

Kyocera Corporation has announced plans to build a new manufacturing plant in Isahaya City, Nagasaki Prefecture, aiming to create up to 1,000 jobs. The company has offered to acquire approximately 150,000 square meters in the Minami Isahaya Industrial Park. Kyocera targets JPY 2 trillion in sales for the fiscal year ending March 31, 2023, with a long-term goal of JPY 3 trillion by fiscal 2029. Capital investment is expected to hit a record JPY 200 billion in FY2023, driven by strong demand for advanced semiconductor components.

Kyocera Corporation has developed a new thin-film process for creating silicon substrates for gallium nitride (GaN)-based micro-light sources. This innovation enables the production of 100 micron length micro-light sources at a lower cost and higher yield, crucial for applications in autonomous driving, AR, and VR. The new process tackles challenges like peeling difficulties and high defect density, promising high-quality outputs and decreased manufacturing costs. The micro-LED market is projected to reach $2.7 billion by 2026, highlighting the growing demand for these technologies.