AVX, a US Subsidiary of KYOCERA, to Change its Name to “KYOCERA AVX Components Corporation”
Company to expedite unification of its global sales operation
- Corporate
- Electronic Components & Devices
Kyoto/London - Kyocera Corporation (President: Hideo Tanimoto, hereinafter; “Kyocera”) and AVX Corporation (CEO: John Sarvis, hereinafter; “AVX”) today announced that AVX, a consolidated subsidiary of Kyocera, has changed its corporate name to “KYOCERA AVX Components Corporation” as of October 1, 2021.
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 |
| Business | Manufacture and sale of electronic components, including connectors, capacitors, and sensors |
| Consolidated net assets | US $2,425,661,725.00 (as of 31 March, 2021) |
| Established | 1972 |
| Employees | Approximately 14,700 |
| Number of manufacturing sites | USA: 6 sites / Europe : 13 / Asia 12 |
|
Number of sales offices |
USA: 2 sites / Europe : 9 / Asia : 11 |