
TOKYO -- The electronic components market is bottoming out, Murata Manufacturing President Tsuneo Murata said Wednesday, suggesting that the industry may be emerging from a yearlong slowdown.
The Kyoto-based company is a major supplier of electronic components for smartphones and automobiles, and is a bellwether for the sector. With major customers including Apple, Samsung Electronics and Huawei Technologies, Murata has risen on the back of rapid growth of smartphones around the world.