Kyocera Corporation held a groundbreaking ceremony to commence construction of a new production facility in Japan. Primarily, Kyocera Corporation Nagasaki Isahaya Plant is located at the Minami Isahaya Industrial Park in Isahaya City, Nagasaki Prefecture.
The company will invest about 68 billion yen (US$469 million) by the end of March 2028 to the plant.
Groundbreaking ceremony held at the construction site
Mainly, Kyocera is reinvesting in its existing factories both in Japan and abroad. In April 2023, it concluded a land purchase agreement to build a new plant in Nagasaki. Specifically, it aims to strengthen manufacturing capacity to meet rising market demand for its products. The company has acquired about 150,000m2 of land for factory construction in the industrial park area by June 2024.
In the electronics industry, demand for components is expected to keep rising alongside such trends as miniaturization and increasing functionality of semiconductor-related equipment. Also, communications devices (including smartphones), the expansion of 5G and generative AI base stations and data centers, and the proliferation of new automotive innovations including ADAS (advanced driver assistance systems) and EV (electric vehicle) technologies will keep growing.
To meet this demand, Kyocera is designing a new factory to produce fine ceramic components used in semiconductor-related applications as well as semiconductor packages. It aims to begin production in 2026.
Further, Kyocera will continue developing its business to contribute to the local community. Also, it will help invigorate the economy of Nagasaki Prefecture by creating new employment opportunities.
-05 September 2024-