Ube Industries Ltd (TYO:4208) and Kyocera Corp. (TYO:6971) have agreed to form a JV with the aim of expanding their operations around ceramic filters for 5G base stations. To initiate this, Kyocera will acquire a 51 percent share in Ube Electronics Ltd. (UEL), a wholly owned subsidiary of Ube Industries. Kyocera and Ube Industries will then establish a JV under...
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