TDK Corporation has signed a basic agreement with NIPPON CHEMICAL INDUSTRIAL CO.,LTD. to begin considering the establishment of joint venture related to the development of electronic component materials and manufacturing processes.
This includes ceramic materials for multilayer ceramic capacitors (MLCCs), which both companies manufacture.
Since its founding, NIPPON CHEMICAL INDUSTRIAL has a history of over 130 years and has been stably manufacturing and selling a wide range of products, with inorganic chemicals as its main focus, as well as electronic materials and organic chemicals.
For over 90 years, TDK has shaped the world from within; from the pioneering ferrite cores to powering the digital age with advanced components, sensors, and batteries, leading the way towards a more sustainable future.
By combining the technological capabilities and development and evaluation expertise of TDK and NIPPON CHEMICAL INDUSTRIAL, both companies aim to accelerate the speed of research and development, shorten the lead time from prototyping and evaluation to market launch, and establish a scheme that can quickly respond to customer needs.
Both companies will proceed with discussions toward the establishment of joint venture based on this basic agreement.