iPhone supplier Murata eyeing large-scale M&A to drive growth, CEO says

Murata Manufacturing Co

20/02/2025 05:45

KYOTO, Japan, Feb 20 (Reuters) - Japan's Murata
Manufacturing  6981.T  is considering mergers and acquisitions
(M&A) larger than 100 billion yen ($665 million) to drive
growth, the smartphone component supplier's CEO said on
Thursday.
    Murata is considering areas such as inductors and sensors
with overseas targets also a possibility as the company seeks to
grow its market share and expand in new markets, Norio Nakajima
said. 
    "We are taking a broad view," Nakajima told Reuters in an
interview at the company's headquarters in Kyoto.
($1 = 150.2600 yen)

 (Reporting by Ritsuko Shimizu and Sam Nussey
Editing by Chang-Ran Kim)
 ((sam.nussey@tr.com))