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Kyocera to Transfer Semiconductor Business to Shindengen

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Kyocera to Transfer Semiconductor Business to Shindengen

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Kyocera ( (JP:6971) ) has provided an update.

Kyocera Corporation announced its decision to transfer its silicon diode power semiconductor business to a newly established subsidiary, which will then be acquired by Shindengen Electric Manufacturing. This move is part of Kyocera’s broader strategy to restructure its business portfolio, aiming to improve corporate value and foster growth in the semiconductor field.

The most recent analyst rating on (JP:6971) stock is a Buy with a Yen2000.00 price target. To see the full list of analyst forecasts on Kyocera stock, see the JP:6971 Stock Forecast page.

More about Kyocera

Kyocera Corporation operates in the electronics industry, focusing on electronic devices and components. The company is known for its innovations in the semiconductor sector and aims to enhance its market position through strategic business restructuring.

Average Trading Volume: 4,788,345

Technical Sentiment Signal: Buy

Current Market Cap: Yen2482B

For a thorough assessment of 6971 stock, go to TipRanks’ Stock Analysis page.

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