In recent years, factors such as a steep rise in labor costs at manufacturing sites and demand for the ability to manufacture a wide variety of products in small quantities have accelerated the adoption of advanced technologies for realizing “smart factories,” such as 5G, artificial intelligence, and IoT. Murata’s strengths in relation to such advanced technologies are world-leading technological expertise, quality and reliability, and powerful production and supply capabilities. Murata provides innovative components and solutions for industrial devices.