KYOTO -- Japan's Murata Manufacturing plans to make its largest ever capital investment -- 45 billion yen (around $305 million) -- to build a factory in the Chinese coastal province of Jiangsu as it gears up to boost its production of multilayered ceramic capacitors (MLCCs).
Murata plans to increase its MLCC capacity by about 10% annually. The factory, to be built on the site of an existing plant, will help the electronic component maker meet the target by providing an MLCC material.
