Every time at the end of the year is the Murata processing plant?
On December 13, 2019, Mantianxin was the first to report that Murata had closed its Shantou Huajian Electronics Co., Ltd. and Huaju Technology Co., Ltd., both of which are mainly engaged in the production of inductors.
In a blink of an eye, another year has passed. The news that Mantenxin got this time is that Murata will close the wholly-owned subsidiary of Saitama Murata Manufacturing Co., Ltd. Thang Long Toko Technology (Shenzhen) Co., Ltd.
According to the encyclopedia, Shenglong Dongguang Technology (Shenzhen) Co., Ltd. was established on August 10, 2005, with a registered capital of 188.867 million (USD). The address is located at Gaoke Avenue, Tongle Community, Longgang Street, Longgang District, Shenzhen, Guangdong Province Dongguang Electronics Factory on the 8th.
The business scope includes: design, production and operation of new Electronic components (frequency control and selection components), electronic special equipment; engaged in the import and export of goods and technology (excluding distribution, national exclusive control products); technical consultation and product after-sales service, etc. .
According to Mantianxin, the factory mainly produces 4 types of products: coils, semiconductors, electronic ceramics, and modules, which are mainly used in mobile phones, laptops, audio systems, and in-vehicle electronic equipment.
As for the reasons for the closure of the factory, Murata said that the main reason is that in recent years, the demand in major markets such as the smartphone market has diversified, the development cycle has been shortened, and competition with overseas manufacturers has intensified, resulting in a very severe operating environment. Due to the sharp decline in the demand for Thang Long’s technology products and fierce price competition, it was decided to suspend production and shut down the company.
Murata said that the closure of the plant had a slight impact on the company’s performance this year.
In addition, Mantianxin also learned that the shutdown of the Shenglong Dongguang factory will begin in December. There are 3 factories and 2 dormitories in the park, with about 1,500 employees.
In 2019, Thang Long Dongguang also received a subsidy of RMB 1.32 million from the Shenzhen Enterprise Technology Renovation Support Program, which was mainly used for the renovation of production line equipment.
It didn’t take long for the production line equipment to be upgraded and the entire factory was shut down, which is embarrassing.
A few years ago, Murata began to gradually fade out standard products and invested heavily in the development of advanced electronic materials and multi-functional and high-density modules. In the future, Murata will have more factories shut down in the low-end market.