Kyocera is acquiring all of NEC’s shares in Japan-based Showa Optronics (SOC) to strengthen its optical components business. Kyocera will own 93.53% of SOC’s shares, which will begin operating as Kyocera's subsidiary as of June 1, 2020, under the name Kyocera Showa Optronics. Kyocera's optical components business has been producing diversified lenses in small to large diameters from a wide variety of materials. The products have been used in fields such as automotive, office and factory automation equipment, as well as medical equipment. Established in 1954, SOC targeted high-value-added markets including space-related products, semiconductor manufacturing equipment (such as exposure equipment), and medical equipment for DNA analysis, using its core technologies of ultra-high-precision lens polishing, high-proof and low-loss film formation, and lasers with outstanding stability. In acquiring SOC, Kyocera aims to become a leading optical components company by expanding its new product offerings in the laser market, maximising synergies through both companies’ combined technologies, and utilising Kyocera’s worldwide sales network and production facilities to further expand its optical components businesses.