Kyocera plans $3bn in chip spending to meet AI demand

Investment to more than double over previous three-year period

20230516N Kyocera chip packaging

Kyocera's organic package products for semiconductors, used for AI and other technology. (Photo by Eisaku Nitta)

EISAKU NITTA, Nikkei staff writer

KYOTO, Japan -- Kyocera will invest 400 billion yen ($2.9 billion) in semiconductor-related production facilities through March 2026, betting big on cutting-edge chips for artificial intelligence and other fields under plans announced Tuesday.

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