1.33 Risk-averse Kyocera gambles nearly $10b of own shares on semiconductor growth

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Risk-averse Kyocera gambles nearly $10b of own shares on semiconductor growth
Date: 2022-12-29 [theregister.co.uk]

When the chips are down, bet the farm

In spite of uncertain economic conditions, Kyocera is reportedly putting its stake in Japanese telecommunications operator KDDI on the line to expand its semiconductor footprint.
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