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Kyocera Wireless Cuts 250 Local Jobs

Kyocera Wireless Corp., based in San Diego and a unit of Kyocera Corp., said Jan. 29 it cut 360 jobs, including 250 based at its San Diego office on Campus Point Way in La Jolla as a result of a global reorganization affecting its mobile handset business.

The affected people locally were mainly in engineering related jobs, said Kyocera spokesman Jay Scovie.

As a result of the cuts, Kyocera Wireless now has about 350 employees here. Kyocera Corp. also operates a manufacturing division here that makes ceramic packages for semiconductor chips that has about 400 employees, and several other subsidiaries that have about 100 workers.

As part of the reorganization, job cuts were also made at a Kyocera Wireless office in India, and one in Chatsworth that was formerly owned by Sanyo Electric Co. Kyocera acquired Sanyo’s wireless unit in 2008.

For the nine months ended Dec. 31, Kyocera Corp., based in Kyoto, Japan, reported net income of $551 million on revenue of $8.7 billion. For the prior fiscal year ended March 31, the company had net earnings of $1 billion on revenue of $12.9 billion.

— Mike Allen

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  February 8-14, 2010
SDBJ News
CONNECT Goes to Washington
Most high-tech entrepreneurs and innovators don’t have time to put on a tie and sit through a three-hour meeting about policy issues in Washington, D.C. They are too busy creating the next generation of digital mobile applications and lifesaving health care products, and creating jobs for the new innovation economy. There has not been a strong voice or presence in the nation’s capital to represent these innovators, who neither have the money nor bandwidth to lobby or educate representatives on their needs and interests — until now.
S.D. Companies Race to Build Gene Machines
Technology contenders in the race to decode a person’s entire genetic makeup for less than $1,000 have been making gains in recent months, signaling that the finish line isn’t far ahead.
Conference Focuses on Methods to Combat Cyber Attacks
The creative and destructive power of the Internet emerged as a major topic of the West 2010 military conference, sharing the stage with more time-honored topics such as ships and naval strategy.
Scripps Health Issues $220M in Revenue Bonds
Scripps Health, currently in the middle of a building spree intended to bring its aging health care facilities up to date while accommodating future population demands, sought help financing its projects through the public markets last week.
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