Ceramic Industry News

Kyocera Forecasts Modest Profit Pullback

May 23, 2001
/ Print / Reprints /
ShareMore
/ Text Size+
High-tech components maker Kyocera Corp. recently forecast a modest 18% pullback in group operating profit this business year after a surge last year, reflecting weak demand for cell phones and other info-tech goods. The company's forecast, more bullish than several analysts' projections recently, called for operating profit of 170 billion yen ($1.38 billion) after last year's 124.8% rise to 207.2 billion yen. A number of analysts had expected a 2001/02 target of 135-165 billion yen. For the current business year, Kyocera said it plans to boost profitability by expanding production in China and increasing sales of fine ceramic and semiconductor components for optic-fibre communications. The company, whose core strength is in ceramic components, said last year's earnings were boosted by brisk sales of fine ceramics for mobile phones and optic-fibre communications. It added that, despite a slump in demand in the computer and communications sectors in the latter part of the second half, full-year sales of electronic devices, including capacitors made by Kyocera and U.S. subsidiary AVX Corp, far exceeded the previous year's levels.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI October 2014 cover

2014 October

Materials advances, refractories and renewable energy - oh, my! Check out our October issue today!

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!