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Yageo shifts production MLCC to Asia

Posted: 02 Dec 2004 ?? ?Print Version ?Bookmark and Share

Keywords:yageo? mlcc? multilayer ceramic capacitor?

Capacitor maker Yageo Corp. plans to transfer half of its multilayer ceramic capacitor (MLCC) production from Europe to Asia starting next year. The company currently focuses its production in Europe, which holds a share of 18 percent of its total MLCC output.

The company stated that the burgeoning market in Asia is a target for shifting its capacity since Europe's share may decline to 10 percent next year. Yageo stated that the move was intended to take advantage of cheaper labor costs in Asia. However, logistics and research centers, as well as lines for higher-end products, will be maintained in Europe.

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