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Kyocera acquired the terminal business of US digital communications technology company Qualcomm in February 2000, [17] and became a major supplier of mobile handsets. In 2008, Kyocera also took over the handset business of Sanyo, eventually forming 'Kyocera Communications, Inc.'. The Kyocera Communications terminal division is located in San Diego.
In October 2011, Sprint began offering Kyocera's Dura Series, an exclusive line of rugged phones manufactured by Kyocera Communications using Sprint's new CDMA-based Push to talk service Sprint Direct Connect. In August 2014, Kyocera released the Kyocera Brigadier, the first U.S. smartphone to be equipped with a display made of sapphire glass.
The stock currently trades for about 35 times forward earnings, compared to a multiple of 30 for the S&P 500. While that's admittedly a premium valuation, it shouldn't be viewed in a vacuum.
This stock-split stock can surge in line with broader market optimism. ... far less than the company's historical five-year average price-to-sales ratio (P/S) of 11.38x. ... People. Heather Graham ...
AVX wanted to manufacture parts for Kyocera, which had only 2 percent of its sales in Europe and hoped to increase that before the European Community made that more difficult. Inamori wanted to buy AVX rather than partner with the company. After a $267 million stock purchase, AVX has operated as part of Kyocera Corp. since January 18, 1990.
In November 2015, Oasis called for Kyocera to pay back more than $4 billion to investors. The plan was for Kyocera to sell is $8.3 billion stake in KDDI and to give half the proceeds to shareholders. [8] In February 2017, Oasis opposed Panasonic's plan to acquire its subsidiary PanaHome stating the price was too low. [9]