InterviewTDK reduces production risks with 'China plus' strategy: CEO
Japanese parts maker monitors trends from Shanghai headquarters, Saito says
TDK and other suppliers of electronic parts have depended on China, with many automotive and smartphone producers concentrated there. (Image from TDK Twitter account)
TAISHU YUASA, Nikkei staff writer
August 22, 2022 05:07 JST
TOKYO -- As a changing geopolitical environment creates challenges for companies that rely on China, Japanese electronic components maker TDK is diversifying its manufacturing network by expanding in countries such as India, according to CEO Noboru Saito.