This news release is intended for media purposes, and is current of the date of publication. Information is subject to change without notice.
AVX, a US Subsidiary of KYOCERA, to Change its Name to “KYOCERA AVX Components Corporation”
Company to expedite unification of its global sales operation
October 1, 2021Japan
|Furthermore, the company will now use the new business brand, “KYOCERA AVX,” and unify sales organizations in the U.S. and Europe to enhance sales capabilities, as announced in April of this year.*|
Under the new company name, KYOCERA AVX will further promote organizational integration and effective use of management resources, including manufacturing and development, to strengthen Kyocera Group’s global business for electronic components and pursue further sales expansion worldwide.
*Kyocera plans to unify sales organizations in Japan, China, and other Asian countries in April 2022 (or later).
Outline of the new company
|Current Name||New Name|
|AVX Corporation||KYOCERA AVX Components Corporation|
|Address||Fountain Inn, South Carolina, U.S.A.|
|Representative||John Sarvis, Chairman, CEO, and President of AVX Corporation
[Managing Executive Officer, Executive General Manager of Electronic Components Business, KYOCERA Corporation]
|Business||Manufacture and sale of electronic components, including connectors, capacitors, and sensors|
|Consolidated net assets||US $2,425,661,725 (as of 31 March, 2021)|
|Number of manufacturing sites||USA: 6 sites / Europe : 13 / Asia 12|
|Number of sales offices||USA: 2 sites / Europe : 9 / Asia : 11|
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