KYOTO, Japan -- Murata Manufacturing will increase its capital spending for the fiscal year ending March 2026 by 50% on the year to 270 billion yen ($1.83 billion), part of a bet that artificial intelligence-powered devices will drive the company's future growth.
Electronics
Electronics maker Murata bets AI device boom coming around 2030
Supplier of tiny but vital components lifts capex with eye to 15-year tech cycle
Murata holds a 40% share of the market for multilayer ceramic capacitors, tiny devices needed for circuits. (Murata Manufacturing)
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