-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueComing to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
Box Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
KYOCERA Completes Tender Offer for Shares of Nihon Inter Electronics
September 3, 2015 | Business WireEstimated reading time: 1 minute
Kyocera Corporation has announced the completion of its tender offer, which commenced July 31, 2015 and concluded Aug. 28, 2015, to acquire a majority interest in Nihon Inter Electronics Corporation. As of the settlement date of September 4, 2015, Kyocera will commence acquiring a 69.33% equity interest in Nihon Inter Electronics Corporation, consisting of 40,112,700 common shares, as well as 21,461,524 shares converted from 9,121,148 shares of Class A Preferred Stock, totaling 61,574,224 shares.
Nihon Inter Electronics Corporation, listed in the second section of the Tokyo Stock Exchange, is a power-semiconductor manufacturer specializing in high-power industrial diodes and diode modules. Kyocera will consolidate Nihon Inter Electronics Corporation as of September 4, 2015 in order to expand its businesses in power electronics — particularly for industrial equipment, such as DC-to-AC power inverters, and automotive electronics.
Kyocera and Nihon Inter Electronics Corporation will enjoy R&D synergies by combining Kyocera’s ceramic device packages and epoxy molding compounds for semiconductors with the device technology of Nihon Inter Electronics Corporation. The two enterprises will also enjoy significant sales and marketing synergies as Nihon Inter Electronics Corporation will be able to sell its products through Kyocera’s global sales channels.
About KYOCERA
Kyocera Corporation, the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as “advanced ceramics”). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of electronic components, semiconductor packages, solar power generating systems, mobile phones, printers, copiers, cutting tools and industrial ceramics. During the year ended March 31, 2015, the company’s net sales totaled 1.53 trillion yen (approx. USD12.7 billion). Kyocera appears on the latest listing of the “Top 100 Global Innovators” by Thomson Reuters, and is ranked #552 on Forbes magazine’s 2015 “Global 2000” listing of the world’s largest publicly traded companies.
Suggested Items
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
05/03/2024 | Nolan Johnson, I-Connect007This week’s most important news is strategic—and telling. When one puts together the IPC industry reports, we simply have to include the recent conversation with Shawn DuBravac and Tom Kastner. On the design side, check out the latest “On The Line With…” podcast featuring Brad Griffin from Cadence Design Systems, discussing SI and PI in the realm of intelligent system design.
IMI Welcomes New CEO
05/03/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI),The IMI Board of Directors announced, in a disclosure dated April 25, 2024, the appointment of Louis Sylvester Hughes, Chief Executive Officer (CEO).
Electronics Industry Sentiment Rose in April, Hitting New High
05/02/2024 | IPCApril 2024 marked the third consecutive month of sentiment growth among electronics manufacturers. When asked if they expected labor costs for hourly workers to rise over the next month, manufacturers in the United States, Mexico, and Europe predicted a five percent increase, while manufacturers in Asia predicted a slightly lower four percent increase.
iNEMI Names Grace O'Malley CTO
05/02/2024 | iNEMIThe Board of Directors of the International Electronics Manufacturing Initiative (iNEMI) has named Grace O'Malley Chief Technical Officer (CTO).
ZESTRON Academy Launches 2024 Advanced Packaging & Power Electronics Webinar Series
05/01/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, proudly announces the launch of its highly anticipated webinar series on Advanced Packaging & Power Electronics, a webinar series on the latest innovations, cleaning, and corrosion challenges.