Murata Manufacturing Co., a leading Japanese manufacturer of ceramic passive electronic components, particularly Multi-layer Ceramic Capacitors (MLCCs), plans to invest JPY 45 billion (US$305 million) to boost production capacity in China’s Jiangsu province, marking its largest investment, Nikkei reported. The investment will go to the company’s Chinese subsidiary Wuxi Murata Electronics Co., with construction set to begin in early November and finish in April 2024. However, the exact production capacity after completion remains unknown.