Avx and Kyocera Enter into Merger Agreement

AVX Corporation and Kyocera Corporation have recently announced that they have entered into a merger agreement. This move is expected to create one of the world’s largest passive electronic components makers, with a combined annual revenue of over $4 billion. The merger is expected to be completed by early 2020, pending regulatory approval from relevant authorities.

AVX is a leading manufacturer and supplier of passive electronic components including capacitors, filters, and resistors. The company has a broad global presence, with manufacturing facilities in Asia, Europe, and the Americas. Kyocera Corporation, on the other hand, is a diversified technology company that produces a wide range of products, from industrial components to consumer electronics.

The merger between AVX and Kyocera will not only create a powerhouse in the passive electronic components market, but it will also bring together two companies with complementary strengths and capabilities. Kyocera’s expertise in ceramics and materials sciences will be combined with AVX’s know-how in electronic component design and manufacturing.

The merged company will continue to operate under the name of AVX Corporation, with its headquarters remaining in Fountain Inn, South Carolina. The new entity will have an expanded product portfolio and manufacturing capabilities, which will allow it to better serve its customers in a wide range of industries, from automotive and telecommunications to consumer electronics and medical devices.

For customers of both AVX and Kyocera, the merger means access to a wider range of products and services. It also means a strengthened supply chain with more efficient operations and increased capacity to produce high-quality electronic components on a global scale.

The merger between AVX and Kyocera is a significant development in the electronics industry, and it reflects the growing trend of consolidation across various sectors. This move is also a testament to the importance of electronic components in today’s technology-driven world. As the demand for electronic devices continues to grow, the demand for high-quality electronic components is also expected to increase, and the merger between AVX and Kyocera is expected to position the new entity to meet this demand effectively.

In conclusion, the merger between AVX and Kyocera is a positive development for both companies and their customers. It is a move that will create a stronger, more efficient, and more innovative entity capable of serving the needs of the electronics industry in the years to come.