"Apple Supplier Murata To Boost Capacitor Output In Philippines; Japanese Components Maker Sees Demand Rising For EVs, 6G" - Nikkei Asia
Portfolio Pulse from Happy Mohamed
Murata Manufacturing, a supplier for Apple, is expanding its plant in the Philippines to boost production of multilayer ceramic capacitors. The company is investing $78.2 million in a new building at the factory, aiming to meet the rising demand tied to electric vehicles and 6G communications technology.
August 04, 2023 | 9:25 am
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POSITIVE IMPACT
Apple's supplier Murata Manufacturing is increasing its production capacity which could ensure a steady supply of components for Apple's products.
Murata Manufacturing's expansion could ensure a steady supply of components for Apple's products, which could positively impact Apple's production and sales.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Murata Manufacturing's expansion in the Philippines could boost the local economy and potentially benefit the iShares MSCI Philippines ETF (EPHE).
Murata Manufacturing's expansion in the Philippines could stimulate the local economy, which could potentially benefit the iShares MSCI Philippines ETF (EPHE) as it tracks the performance of the Philippine market.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60