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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Kyocera Corporation    6971   JP3249600002

KYOCERA CORPORATION

(6971)
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Kyocera : and TactoTek Collaborate on Injection Molded Structural Electronics Solutions

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12/13/2019 | 10:17am EDT

Kyocera and TactoTek announced the signing of a marketing agreement which aims to bring IMSE solutions to several new market segments, including industrial and automotive components, electronic devices, and more.

The Kyocera Group has global operations in a wide range of business segments-offering industrial and automotive components, communications equipment, electronic devices, environmental and energy related technologies, and consumer lifestyle products, among others. The company's core expertise covers advanced materials, components, devices, and communications equipment networks and services.

TactoTek's proprietary IMSE technology integrates printed electronics and electronic components within 3D injection molded structures to create thin, seamless and economical smart molded structures. TactoTek licenses its IMSE technology to manufacturers who then design and mass produce parts for their OEM customers.

'Kyocera has the unique ability to offer high technology solutions in three dimensions-by region, by product, and by market,' said Masafumi Ikeuchi, General Manager of the Corporate Display Group at Kyocera Corporation. 'Geographically, we cover the globe. From a product standpoint, we can design custom solutions ranging from materials, components and devices, to equipment and systems. And as for markets, we have deep expertise in servicing the needs of the automotive, industrial, medical, aerospace, and communications markets, to name a few of our strategic priorities. I believe that TactoTek's IMSE technology is well-positioned to integrate with Kyocera's core competencies across regions, products, and markets.'

Kyocera and TactoTek are working closely together on their first IMSE collaboration project, a prototype part that will form the basis for a full technical and commercial evaluation of the use of IMSE technology in Kyocera's products for automotive and other markets.

'We are very pleased to partner with Kyocera, a recognized technology innovator and global leader in multiple markets with strong demand for IMSE. This partnership will significantly strengthen our presence in Japan, and around the world,' noted Jussi Harvela, CEO at TactoTek.

About TactoTek

TactoTek is a leading provider of solutions for Injection Molded Structural Electronics (IMSE) that integrate printed circuitry and electronic components into 3D injection molded plastics. Leading use cases include in-vehicle applications, home/industrial appliances, and wearable technology. TactoTek develops and industrializes IMSE technology, develops mass production ready IMSE prototypes, and licenses IMSE technology for 3rd party mass production.

Contact:

Tel: 1-800-255-6482

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (JPY)
Sales 2020 1 618 B
EBIT 2020 123 B
Net income 2020 119 B
Finance 2020 606 B
Yield 2020 2,47%
P/E ratio 2020 19,8x
P/E ratio 2021 17,1x
EV / Sales2020 1,08x
EV / Sales2021 1,03x
Capitalization 2 355 B
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 7 693,75  JPY
Last Close Price 6 499,00  JPY
Spread / Highest target 36,9%
Spread / Average Target 18,4%
Spread / Lowest Target 6,17%
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Managers
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Hideo Tanimoto President & Representative Director
Goro Yamaguchi Chairman
Masahiro Inagaki Senior Executive Officer, General Manager-R&D
Shoichi Aoki Director & General Manager-Business Administration
Robert E. Whisler Director
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