OSAKA -- Japanese electronics maker Kyocera will raise capital spending to more than 100 billion yen ($935 million) in the year starting April 1, much of which will go toward increasing domestic output of chip-related components used in smartphones and cars.
The increase of more than a fifth over the current fiscal year's outlays would bring the Kyoto-based manufacturer close to an investment record set in fiscal 2000 amid the dot-com bubble.
