TDK plans to double production capacity for high-precision magnetic sensors

News
Corporate developments

The company plans to invest ¥35 billion (about $260 million) in its Nagano Prefecture, Japan, plant to stay ahead of US and Chinese rivals

TDK, a leading Japanese electronics company, plans to double production capacity for high-precision magnetic sensors for automobiles by mid-2025, according to a Nikkei Asia report dated April 26.

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