TOKYO -- Japan's Murata Manufacturing, a key iPhone parts maker, said on Monday that it will make "strategic investments" worth 230 billion yen ($2.02 billion) over the next three years as part of efforts to climb the value chain in the smartphone and internet-of-things markets.
Electronics
Murata plans $2bn 'strategic investments' to tackle 5G rivals
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Murata Manufacturing, the world's largest supplier of capacitors, is planning to make strategic investments of up to $2 billion over the next three years. (Photo by Atsuhi Ooka)
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