Kyocera plans nearly $1bn in spending as parts outlook brightens

Biggest investment buildup in almost 20 years for the Japan-based Apple supplier

0302N Kyocera logo (Reuters)
Nikkei staff writers

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.

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