Chemical & Materials Trending Optical Ceramics Market | Page 4

Recent Market Developments • In March 2019, Murata expanded its production facility in Okayama, Japan. The expansion helped in increasing the production capacity of ceramics to meet the increased demand for electronic components used in smartphones and other devices. • This will play a significant role in strengthening the product portfolio of the company and emerge as a key manufacturer of optoelectronic components in the near future. • In February 2019, Kyocera announced the acquisition of H.C. Starck Ceramics GmbH, a Germany- based manufacturer of advanced ceramics. • The newly acquired company is expected to bring highly efficient production equipment using cutting-edge technologies, including Artificial Intelligence (AI). • In June 2018, Kyocera set up a new manufacturing plant for ceramic microelectronic packages in Kagoshima, Japan. This new facility, which Kyocera plans to make operational in August 2019, will bring a 25% increase in the company's total production capacity for ceramic packages and allow the company to expand production for other items depending on future needs. View Full Report @ http://bit.ly/2KboFQS