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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.
Positive
Total investment of approximately 62 billion yen (466 million U.S. dollars) will boost local economy.
New smart factory aims to meet growing demand for fine ceramic components and semiconductor packages.
Construction start in October 2023, with production expected to begin in 2026, indicating proactive growth.
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Most state-of-the-art Kyocera facility will be constructed on about 37 acres in Isahaya, Nagasaki Prefecture, to feature new automotive and communication innovations
KYOTO, Japan--(BUSINESS WIRE)--
Kyocera Corporation(hereinafter: Kyocera) today announced that it has reached an agreement to acquire about 37 acres of land for a new smart factory at the Minami Isahaya Industrial Park in Isahaya City, Nagasaki Prefecture. A signing ceremony held today at New Nagasaki Hotel was attended by Kyocera Corporation President Hideo Tanimoto, as well as Kengo Oishi, Governor of Nagasaki Prefecture, and Yukishige Okubo, Mayor of Isahaya City.
Kyocera, which is reinvesting in its existing factories both in Japan and abroad, decided to build the new plant in December 2022 after determining that rising market demand will require additional production capabilities. The land purchase agreement includes a developed site of about 14 acres, where construction will begin in October 2023, and another 23-acre pre-developed site that Kyocera plans to acquire in 2024.
In the electronics industry, demand for components is expected to keep rising alongside such trends as miniaturization, advancing semiconductor technology, the growing functionality of smartphones and other communications devices, the expansion of 5G base stations and data centers, and the proliferation of new automotive innovations including ADAS (advanced driver assistance systems) and EV (electric vehicle) technologies.
To meet this demand, Kyocera is designing the new factory to produce fine ceramic components used in semiconductor-related applications as well as semiconductor packages, aiming for it to begin production in 2026.
Kyocera will continue developing its business to contribute to the local community by revitalizing the economy of Nagasaki Prefecture and creating new employment opportunities.
Kyocera Corporation (TOKYO:6971, https://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as “advanced ceramics”). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of industrial and automotive components, semiconductor packages, electronic devices, smart energy systems, printers, copiers, and mobile phones. During the year ended March 31, 2022, the company’s consolidated sales revenue totaled 1.8 trillion yen (approx. US$15.1 billion). Kyocera is ranked #665 on Forbes magazine’s 2022 “Global 2000” list of the world’s largest publicly traded companies, and has been named among “The World’s 100 Most Sustainably Managed Companies” by The Wall Street Journal.
