TOKYO -- Japanese electronic parts manufacturers are making big investments to scale up output of components for electrified vehicles, seeking to establish a place in the coalescing supply chains for the rapidly growing field.
TDK expects to budget more than 520 billion yen ($5.01 billion) over three years starting in April to boost production of batteries and other products for the clean energy field, while Rohm is quintupling capacity for next-generation chips used in electric vehicles.