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The Japan Murata Manufacturing Co launched a new $1.1 billion project in Wuxi, Jiangsu province, on Feb 8. [Photo/WeChat account: wuxibobao2013] |
Japan Murata Manufacturing Co launched a new $1.1 billion project in Wuxi, Jiangsu province, on Feb 8. The investment is expected to bring in 7.5 billion yuan in sales.
Murata is a world-famous high-end electronic component supplier that set up its Wuxi subsidiary branch in 1994. Wuxi Murata, located in the Wuxi Hi-tech Zone, has received a total of $562 million in investments and achieved a sales figure of 6.2 billion yuan ($559 million) in 2017, making it Murata's biggest foreign manufacturing base.
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Wuxi Party secretary Li Xiaomin and the president of Japan Murata Manufacturing Co attended a signing ceremony in Wuxi, Jiangsu province on Feb 8.[Photo/WeChat account: wuxibobao2013] |