ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Business

Murata charging up battery production as market demands safety

Investment will lift capacity at soon-to-be-acquired Sony business

OSAKA -- Murata Manufacturing plans to invest between 20 billion yen and 30 billion yen ($180 million to $270 million) in lithium-ion-battery operations, responding to demand for higher safety due to Samsung Electronics' fire-prone smartphones.

The planned purchase of Sony's battery business, which produces electrolyte smartphone batteries that do not ignite easily, will close by July. The investment will be geared toward increasing production capacity at Sony facilities. Lines will be expanded at Sony's Fukushima factory in northern Japan and its Wuxi factory near Shanghai, lifting capacity 10-20%. Output of batteries for electric bikes and tools will also be stepped up.

Seeking to turn batteries into a core business, the Japanese manufacturer will continue to make comparable capital investments. Plans call for the segment to turn an operating profit in fiscal 2018.

Combined capital investment in other areas will be held steady at the fiscal 2016 level of 160 billion yen. The funds will go toward developing ceramic capacitors and other products.

(Nikkei)

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends January 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more