Apple supplier Murata bucks downturn with new Thailand factory

Japanese company ramps up capital spending on capacitors for phones, EVs

20230925N Murata

Murata Manufacturing will make its mainstay multilayer ceramic capacitors in Thailand for the first time. (Photo courtesy of Murata)

YUJI OHIRA, Nikkei staff writer

CHIANG MAI, Thailand -- Japanese electronic parts maker Murata Manufacturing has completed a new plant in Thailand and will start production in November, putting down roots for growth even as it weathers an earnings slump.

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