Mar. 20, 2023 /SemiMedia/ -- Murata Manufacturing Co., Ltd. announced the resolution to enter into a joint venture agreement with Ishihara Sangyo Kaisha, Ltd. and Fuji Titanium Industry Co., Ltd. to establish a joint venture company MF material, Co., Ltd., to produce barium titanate used in multilayer ceramic capacitors and other products.
Barium titanate, a material used in multilayer ceramic capacitors, is becoming increasingly important in anticipation of further growth in demand for multilayer ceramic capacitors amidst the rapid development of IT devices and the electrification of automobiles.
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