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).
Automobiles
Japan's Murata to invest $305m in China factory, eyeing EV surge
Component maker beefs up as auto industry clamors for more of its products
Murata expects that in the not-too-distant future its components will find their way into even more automobiles and smart devices. (Photo courtesy of the company)
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