Asia
TDK Ready to Accelerate Investment Pace to Ride the AI Wave
Electronics component linchpin TDK Corp. is prepared to add to what is already its biggest capital spending campaign ever in a push to ride the global boom in generative artificial intelligence.
The company has added ¥100 billion ($640 million) to its multiyear investment plan each year since it rolled it out in 2024, and now Chief Executive Officer Noboru Saito says the effort may accelerate to match an expected surge in orders and demand.