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Interview

TDK reduces production risks with 'China plus' strategy: CEO

Japanese parts maker monitors trends from Shanghai headquarters, Saito says

TDK and other suppliers of electronic parts have depended on China, with many automotive and smartphone producers concentrated there. (Image from TDK Twitter account)

TOKYO -- As a changing geopolitical environment creates challenges for companies that rely on China, Japanese electronic components maker TDK is diversifying its manufacturing network by expanding in countries such as India, according to CEO Noboru Saito.

"We no longer see China as the world's manufacturing hub," Saito told Nikkei, while stressing that the country remains central to TDK's battery production.

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