Kyocera Plans New LCD Factory
Kyocera Corp. is planning to implement a capital investment program worth 100 billion yen [about USD$1 billion] in fiscal 2005, an increase of 60 percent from fiscal 2004, according to Kyocera President Makoto Kawamura. “We are pushing a plan to build a factory for liquid crystal-related products in Kagoshima Prefecture” and other parts-making facilities elsewhere, Kawamura said in an interview.
Kyocera has established a research and development base in India for the development of new mobile phone handsets as a means of reducing costs, he said, citing relatively low operational costs in the country.
“I believe we will be able to introduce a new product (developed at the Indian unit) sometime around Christmas,” he added. Continue