CompaniesKyocera, Meiko, other Japan makers seek investments outside China
Southeast Asia, India and U.S. favored locations to avoid geopolitical risks
Japanese electronics group Kyocera plans to invest up to 100 billion yen in a factory in Thailand to increase production of capacitors used in smartphones and EVs. (NIKKEI montage)
Nikkei staff writers
October 15, 2023 20:03 JST
TOKYO -- Japanese manufacturers are shifting capital investment to Southeast Asia, India and North America as part of a trend toward diversifying supply chains away from China in response to geopolitical concerns. The move, however, may risk transferring production to less efficient locales.