Kyocera sees strong cell demand

Japanese electronics group Kyocera may exceed its solar cell production target for the year, as strong demand in its home market lifts revenues and profits.

The Kyoto-based company, which does not disclose detailed figures on its solar business, says that solar product sales contributed to a 20% increase in third quarter revenues in its applied-ceramic segment over the prior quarter to 51.3bn yen ($558m).

Solar cells and modules account for the largest portion of revenues in the segment, which in turn contributes about 15% of the group’s total sales.

Kyocera has targeted solar cell production of 750MW for the current budget year ending on 31 March.

“We're sure to reach the target by the end of FY13 and might be able to exceed the 750MW target,” Log in to read complete article.

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