Murata Manufacturing Co Ltd
6981: XTKS (JPN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥5,595.00 | Pgp | Wfxnqhj |
Murata Manufacturing: MLCC Utilization to Pick Up Toward the End of 2024
Business Strategy and Outlook
Murata Manufacturing is a top supplier of passive components, such as the multilayer ceramic capacitor, or MLCC (40% global share), and surface acoustic wave, or SAW, filters (40%-45% global share). While we acknowledge that shipments of digital devices are slowing down, we believe progress in telecommunications technology will be the driver to increase content per device.