Establishing Overseas Affiliates in India and Vietnam

NewsArticleTitle

10/1/2010

Murata Manufacturing Co., Ltd.

President/ Statutory Representative Director: Tsuneo Murata

Overview

Murata Manufacturing Co., Ltd. has established a sales company, “Murata Electronics (India) Private Limited,” in India and a sales agent company*, “Murata Electronics Vietnam Co., Ltd. to begin operation on October 1, 2010.

Background

Significant increase in electric component demands is expected in India, where its population is the second largest in the world, and its strong economic growth is expected to continue. Murata had established a liaison office at Chennai, located in southern India in February 2007 to perform marketing activities in India. Now, our sales company “Murata Electronics (India) Private Limited” was established in aims to “achieve No.1 market share position in emerging markets,” a goal proposed in our Mid-to-Long Term Direction, and will begin its operation on October 1, 2010.

Meanwhile, there are an increasing number of equipment manufacturers relocating to Vietnam seeking for more reasonable and high-quality labor. Murata had established a liaison office in Hanoi on October 2007 to promote our marketing activities. Now, a sales agent company, “Murata Electronics Vietnam Co., Ltd.,” was established to further strengthen our services for local customers, and will begin its operation on October 1, 2010.

Functions

Murata Electronics (India) Private Limited

The company performs sales and marketing activities for products by Murata and its subsidiaries. Its main target markets include AV, automotive electronics, mobile phones, and energy. The company also pursues design activities for R&D organizations and IC manufacturers as a part of local customer services, while offering products promptly to fulfill customer needs.

Murata Electronics Vietnam Co., Ltd.

The company performs sales support and marketing activities for products by Murata and its subsidiaries. Its main target markets include AV, mobile phones, OA equipment and EDP. It will also keep local Vietnam manufacturer trends in check.

Company Overviews

Murata Electoronics (India) Private Limited

Company name: Murata Electronics (India) Private Limited
Location: Chennai
(India Tamil Nadu State)
Address: No.714-A, 7th Floor, Spencer Plaza, 768/ 769, Anna Salai, Chennai 600 002, India
Date of certification: September 22, 2010
Common Stock: 5million Indian rupee
Capital participation: Wholly owned by Murata Electronics Singapore (Pte.) Ltd.
Local representative: Mikio Ohki

Murata Electronics Vietnam Co., Ltd.

Company name: Murata Electronics Vietnam Co., Ltd.
Location: Hanoi
Address: Room 141, 14th Floor Ruby Plaza, 44 Le Ngoc Han Street, Pham Dinh Ho Ward, Hai Ba Trung District, Hanoi, Vietnam
Date of certification: September 22, 2010
Common Stock: 1.9 billion Vietnam dong
Capital participation: Wholly owned by Murat Manufacturing Co., Ltd.
Local representative: Masahisa Ishida

Terminology

*sales agent company

A company acting as an intermediary for a third party seller

English and Chinese Versions

English and Chinese versions are scheduled to be available from the beginning of October, 2010.


Murata in Brief

Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world. For more information, visit Murata's website at www.murata.com