Kyocera Consolidates Some of Its Businesses Into Main SubsidiaryThursday, April 17, 2014
Kyocera Corp., the Kyoto, Japan-based conglomerate that has been in San Diego since 1971, said it consolidated some of its recently acquired businesses into its main subsidiary here, Kyocera America.
The impact locally remains to be seen, but the action may yield improved results as the changes take hold, said Kyocera spokesman Jay Scovie.
Kyocera America, which makes ceramic packages for the semiconductor industry, has about 358 employees in San Diego County. Counting all of Kyocera’s business units, local employment is 571, down from 625 about one year ago, Scovie said.
Most of those lost jobs occurred at Kyocera Solar, a maker of solar panels that had a production line here. The company shifted production to other manufacturing plants when the demand for U.S. made solar panels fell, Scovie said.
In its last fiscal year ended March 31, 2013, Kyocera Corp. reported $13.6 billion in revenue.