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iPhone supplier Murata eyeing large-scale M&A to drive growth, CEO says
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iPhone supplier Murata eyeing large-scale M&A to drive growth, CEO says
Feb 19, 2025 10:21 PM

KYOTO, Japan (Reuters) - Japan's Murata Manufacturing ( MRAAF ) 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)

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