TDK Corp. will invest 50 billion yen (US$416 million) in the new ceramic capacitor plant, the business daily Nikkei reported Sunday.

Orders for the devices are increasing because LCD (liquid crystal display) televisions and mobile phone handsets are getting bigger and more complicated, the daily said.

The plant will be built in an industrial park in Akita Prefecture, north of Tokyo, and go into operation early next year, boosting TDK’s output capacity of ceramic capacitors by 40 percent, the Nikkei said.

The electronic devices help improve power efficiency and help keep the size of home appliances and communications equipment to a minimum.

TDK, the world’s largest maker of magnetic heads used in hard-disc drives, combines with other Japanese firms Murata Mfg. Co., Taiyo Yuden Co. and Kyocera Corp. to share nearly 80 percent of the global market for high-performance ceramic capacitors, the report said.

Murata and Kyocera also plan to invest several tens of billions of yen to boost production, the Nikkei said.

Subscribe to The China Post and save.  Click hereSharePrintEmail

Write a Comment

Enter your comments - 800 characters max

Receive China Post promos

Respond to this email