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.