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Murata spins off plant – establishes new company
Murata Manufacturing says it will spin off its Kanazawa Murata Manufacturing Sendai plant and establish a new group company with the name of Sendai Murata Manufacturing, on July 1, 2021.
Since Kanazawa Murata Manufacturing Sendai Plant was established in July 2008, it has played an integral part in Murata’s high-frequency electronic components and SAW component operations supporting the smartphone market, and this unit continues to expand. "By establishing this new company, we aim to enhance the high-frequency electronic component business and create a company with deep ties to the local community as a production subsidiary of the Murata Manufacturing Group," the company says in a press release.