Japanese iPhone component supplier eyes supply chain shift towards India
Kyoto-based iPhone component manufacturer Murata Manufacturing Co. is contemplating moving a part of its production capacity to India, news agency Bloomberg reported on Wednesday.
According to Murata President Norio Nakajima, the maker of multilayer ceramic capacitors sees growing demand in India and is running simulations to determine what it would take to increase its investments in the country. The decision also reflects a global realignment of supply chains towards India, the report said.
“We’ve been making our newest capacitors mostly in Japan, but customers are asking us to manufacture more overseas due partly to business continuity planning purposes,” Nakajima said.