KYOCERA acquires 100% shares of PCB maker NEC Toppan Circuit
Kyocera has announced conclusion of a share transfer agreement with Toppan Printing Co., Ltd. and NEC Corporation to acquire all shares of the printed circuit board (PCB) manufacturing company NEC Toppan Circuit Solutions, Inc. (TNCSi) in order to further strengthen and expand the Kyocera Group’s organic substrate business.
Kyocera said it has been expanding its business in the PCB market focusing on organic packages sold by its wholly owned subsidiary, Kyocera SLC Technologies which boasts one of the highest shares in the industry for FC-BGAs used in high-end ASIC applications. Kyocera SLC Technologies also plans to expand its business territory through the recent full-fledged launch of smaller, lower profile FC-CSPs for the high-growth smartphone and mobile computing tablet sectors.
TNCSi said to have focused its business in the PCB market on the motherboard field, by widely expanding its business territory by developing, manufacturing and selling extremely low profile and multilayer boards used in products ranging from high-end telecommunications infrastructure equipment, module PCBs used in smartphones, and PCBs for in-vehicle applications. TNCSi is recently developing some of the world’s lowest profile component-embedded PCBs which are expected to contribute to the further downsizing of smartphones and other electronics, as per the release.
Through the acquisition of TNCSi, Kyocera will be able to further develop its business offerings and contribute to overall business expansion. The synergies created through combining the two companies’ technologies will allow for the development of new products to meet customers’ needs, stated in the release.