Kyocera expects strong solar module demand in Q1

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Solar module sales at Kyocera are expected to increase significantly in the first quarter of 2013, boosted by a rush to install systems before expected feed-in tariff reductions are introduced at the beginning of April.

However, the Japanese electronics conglomerate is experiencing an overall demand weakness, especially from digital consumer products, forcing the company to lower revenue and profits for the year. The company does not breakout its solar module business sales.

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Overall, FYQ3 sales rose 13.2 percent to 318 billion yen, while net income reached 33 billion yen, a 22.6% increase from the prior quarter.

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