Yageo begins construction of second plant in Suzhou

A large passive component maker, Yageo Corp., recently started the first-phase construction of its second plant in Suzhou, mainland China. Yageo reportedly plans to transfer all its production lines for MLCCs from the first plant to the new Suzhou plant. The company expects to complete the first-phase construction of the new plant early next year.

Currently, Yageo's total monthly capacity for MLCCs is 11 billion units; 9 million units of which are manufactured in Taiwan and the rest in Suzhou.

Yageo adds that it will adjust production in its mainland China facilities depending on the market demand but has no plans of ramping up output for MLCCs.