TAIYO YUDEN CO., LTD. announced yesterday the construction of a new material building at the Yawatahara Plant (Takasaki City, Gunma Prefecture, Japan) for the production of barium titanate used as the raw material for multilayer ceramic capacitors.

Taiyo Yuden stated that it expects that the demand for multilayer ceramic capacitors will further expand in response to the advancement of technologies for automobiles with more electrical and electronically controlled components, communications infrastructures such as servers and base station communication devices, 5G smartphones, and other markets.

The construction of the new material plant of the Yawatahara plant is based on Taiyo Yuden’s medium-term growth strategy and is part of their efforts to build a production system that meets the growing market demand.

The material building has a floor area of 21,500 square meters and a building area of 8,000 square meters. It will break ground in September this year and put it into operation in October 2022, with an investment of about 5 billion yen (building only).