Hyperdrive
Smartphone Makers Ordering Parts Like There’s No Pandemic
- Murata’s CEO says orders in past two months are at 2019 levels
- Clients Huawei and Oppo haven’t deviated from launch roadmaps
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Murata Manufacturing Co., which dominates the market for ceramic capacitors, has seen no slack in demand for smartphone parts as manufacturers carry on with their plans for releases of new models despite global coronavirus woes.
February and March orders from phone vendors kept up with last year’s levels despite uncertainties around end-user demand, Norio Nakajima, a Murata veteran who is set to take over as president in June, said in an interview on Wednesday. China’s Huawei Technologies Co. and Oppo have not deviated from their road maps laid out before the outbreak, Nakajima said, without naming the companies directly.