Murata Manufacturing Co Ltd logo

Murata Manufacturing Co Ltd - ADR

OTCPK:MRAAY (Japan)   ADR
$ 9.14 +0.37 (+4.22%) 10:08 PM EST
29.39
P/B:
2.27
Market Cap:
$ 34.54B
Enterprise V:
$ 32.00B
Volume:
277.09K
Avg Vol (2M):
255.98K
Also Trade In:
Volume:
277.09K
Avg Vol (2M):
255.98K

Business Description

Description
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.