Taiyo Yuden Co., Ltd. recently announced that it will build a new factory in its Changzhou factory in China, and start production of multilayer ceramic capacitors in 2023.

According to the announcement, the new plant will break ground in December 2021 and is scheduled to be completed in June 2023, with an estimated investment of about 17 billion yen. The new factory has a total construction area of approximately 80,000 square meters and a construction area of approximately 28,500 square meters.

Taiyo Yuden stated in the announcement that multilayer ceramic capacitors are electronic components for which demand is expected to grow. They are indispensable for the technical evolution of vehicles, such as the ongoing electrification and the use of electronic controls, as well as for communication infrastructures, such as servers and base station communication equipment, and for 5G smartphones. As a part of its growth strategy in the medium-term management plan 2025, the company will construct a factory on the premises of TAIYO YUDEN (CHANGZHOU) CO., LTD. to establish a production system that can respond to the expected increase in future demand.

Taiyo Yuden to build a new MLCC factory