After withdrawing from the mobile phone market, Kyocera spent 400 billion yen on semiconductors

Thank you, Mr. Air, CTOnews.com netizen, for the delivery of the clues on the way! CTOnews.com, May 21, according to Nikkei Asia, Kyocera announced that it will invest 400 billion yen (CTOnews.com Note: about 20.32 billion yuan) on semiconductors after announcing its formal withdrawal from its consumer-oriented mobile phone business earlier this month.

▲ source: Kyocera official website Kyocera pointed out in the medium-term operating policy that the total investment in the next three years will reach 850 billion yen (currently about 43.18 billion yuan). Of this amount, 400 billion yen (currently about 20.32 billion yuan) will be invested in its semiconductor sector, which means that Kyocera's investment in semiconductors is 2.3 times that of the previous medium-term plan. Kyocera pointed out that most of the money will be used to increase the production capacity of IC carrier plates and ceramic components for semiconductor manufacturing equipment, while another part of the money will be used for the development and mass production of advanced packaging technology.

▲ source: Bamuda's official website Kyocera will open a new production facility next spring in the park adjacent to Sony Semiconductor's Nagasaki plant, which will be the first new plant built by Kyocera's semiconductor division in nearly 20 years. Kyocera expects the annual output value of the factory to reach 25 billion yen (currently about 1.27 billion yuan) after mass production. CTOnews.com reported earlier this week that Kyocera, which specializes in smartphones, decided to withdraw from its consumer-grade mobile phone business after losing 11.7 billion yen (currently about 594 million yuan) for the year. In addition, Japanese home appliance rookie Bamuda phones, made by Kyocera, also announced this month that they would stop production because of high costs.