KYOTO, Japan -- Murata Manufacturing is scaling back its midterm target for operating profit margin as the Japanese electronic component maker focuses on market share due to intensifying price competition with Asian companies in its mainstay multilayer ceramic capacitors (MLCC).
Electronics
Japan's Murata projects lower margins with eye on capacitor market share
Apple supplier looks to keep top position in multilayer ceramic capacitors
An expert says Murata Manufacturing's technological capabilities are five years ahead of Asian competitors. (Murata Manufacturing)
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