Japan electronic parts makers’ rising stocks stoke production cut fears – Nikkei Asia

August 4, 2022 by No Comments

TOKYO/KYOTO, Japan — Inventories are piling up at Japan’s leading electronics parts producers due to protracted lockdowns in China and disruptions in the auto industry, stoking concern that a further downturn in demand could force them to scale back production drastically.

Eight parts suppliers — Murata Manufacturing, Nidec, Kyocera, TDK, Nitto Denko, Rohm Semiconductor, Alps Alpine and Taiyo Yuden — logged a combined 2% increase in revenue for the April-June period from January-March, their latest quarterly results show.

Source: https://asia.nikkei.com/Business/Electronics/Japan-electronic-parts-makers-rising-stocks-stoke-production-cut-fears

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