Multilayer ceramic capacitor (MLCC) manufacturer Murata Manufacturing Co’s decision to suspend some production lines at a key plant in Japan to fight a COVID-19 cluster infection there could lead to order transfers for high-end products, but the short-term revenue benefits for Taiwanese firms would be limited, Capital Investment Management Corp (群益投顧) said yesterday.
“We believe that the effect of order transfers remains to be seen, as the first quarter is a low season for consumer passive components in the Greater China region and the demand is weak,” Capital Investment wrote in a note.
“However, the demand for high-end products used in automotive